HELSINKI, Finland - Teknos has signed a contract to acquire the Slovenian paint distributor DO-RAL and established a new sales company Teknos d.o.o. Dominik Zupan, the owner of DO-RAL, will be a minority shareholder in the new company.
the acquisition, DO-RAL acted as sales agent for Teknos selling industrial wood
paints to local door, window and furniture manufacturers. The cooperation
started in 2004, with DO-RAL marketing helping to put the Teknos
brand on the map in Slovenia.
in Slovenia and its neighboring countries, such as Croatia, Bosnia Herzegovina
and Serbia, have grown. The purchase of DO-RAL's business will provide
Teknos with a local base from which to strengthen sales and service
capabilities and allow it a greater share of Slovenian and Balkan markets.
Zupan has been nominated as Managing Director in the new company, and personnel
from DO-RAL will move to the new company. Teknos plans to strengthen the
organization in Slovenia and widen the product range to cover paints and
coatings for the metal industry.
company will move to a larger facility near Ljubljana, Slovinia, which includes a
large warehouse, technical facilities and tinting service.
Teknos Opens Sales Company in Slovenia
August 28, 2008