ECJ Top 20 - European leading paint companies

Transcription

1 ECJ Top 20 - European leading paint companies Respectable figures. The ECJ Top 20 lists the twenty leading paint and coatings companies whose headquarters are in Europe. The rankings are determined on the basis of sales of paints, coatings and related products. There have been several changes since last year. The major European companies continue to perform strongly, occupying the top 4 spots in the ECJ Top 20. In fact, there are two heavyweights from the Netherlands in the top four. It comes as no surprise that the Dutch producer Akzo Nobel has defended the top spot. As in the previous year, it is followed by ICI from the UK, BASF from Germany and SigmaKalon, the Netherlands. Altana has leap-frogged up the charts, partly due to the fact that it does not disclose the figures of its coatings sector. Most of the 20 leading companies increased their sales in Particularly noteworthy is the sales growth recorded by the European group Materis Peintures, which generated almost a quarter of sales in Italy, and a further quarter in Spain and Portugal. A large proportion of the top 20 companies chalked up considerable successes in European trade. One exception to this, however, is the Danish company Dyrup. Following recently stagnating annual sales, its sales actually declined slightly in For the first time, the Slovenian company Helios jumped with rising sales figures into the ECJ Top 20 list. Companies that exclusively produce adhesives, construction chemicals or printing inks are omitted from the survey, as well as manufacturers with headquarters outside Europe. Some companies do not disclose the proportion of total sales accounted for by paints and coatings. Their sales figures are marked accordingly. Companies that are level-pegging in terms of sales and hence occupy the same position are listed in alphabetical order. Miriam von Bardeleben 1. Akzo Nobel Coatings division, Arnhem, The Netherlands Sales 2004: EUR 5,249 m.*) Sales 2003: EUR 5,160 m.*) Operating income 2004: EUR 421 m. Operating income 2003: EUR 414 m. Employees 2004: 62,000 (of which 29,000 are working for the coatings group) Hans Wijers, Chairman Board of Management and responsible for the Coatings section. *) including other activities Leader in its markets, in Europe and the world Akzo Nobel is the biggest paint company in the world, having developed and supplied innovative coatings products for more than 200 years. The activities are divided into five businesses: Decorative Coatings, Industrial Activities, Car Refinishes, Marine & Protective Coatings, Nobilas Claims & Fleet Solutions. For example, Akzo Nobel is the market leader in Europe in coatings for decoration and protection of architectural structures as well as in selected markets as for powder coatings, automotive and its technology development. The company produces and supplies paint and finishes for a wide range of applications, such as industrial, transport and marine markets, as well as the DIY and professional decorating sectors. The brands include global and household names such as "Crown", "International", "Sikkens", "Interpon" and "Sadolin". The Coatings Group commands leading market positions in almost all its businesses and has earned a global reputation for producing reliable top quality brands, unrivalled technologies, first class service and flexible distribution solutions. Remaining committed to environmental responsibility is also a key feature of our activities. With operational bases in 60 countries, Akzo Nobel's Coatings businesses employ around 30,000 people. Research and development plays a vital role, underlined by the company's continued success in adding ground-breaking products to its technology-driven portfolio of global brands. 2. ICI Paints Slough, United Kingdom Sales 2004: EUR 3,143 m. Sales 2003: EUR 3,090 m. Trading profit 2004: EUR 300 m.* Trading profit 2003: EUR 290 m. David Hamill, Chairman and CEO Employees 2004: 15,610 * estimated Big Commonwealth Player ICI Paints is a leading international paint business. It has one of the widest geographic spreads of any international paint business, concentrating on decorative paint and coatings for food and beverage cans. It manufactures in 26 countries in Europe, North America, Latin America and Asia. It is headquartered in Slough in the UK. The decorative paint business has strong, well-established brands such as 'Dulux', 'Glidden', 'Valentine', 'Coral', 'Alba' and 'Color Your World'. The acquisition of the European Home Improvement business of Williams Plc added further strong brand names in Europe. The acquisition broadens and strengthens ICI's decorative product range to include wood care, metal care, adhesives and fillers. ICI Paints is also a world-leader in sales of internal and external coatings for food and beverage cans. ICI manufactures and distributes a broad product offering of packaging coatings and has leading market positions in both the mature markets of Europe and North America and the emerging markets of Asia and Latin America. The strategy of ICI Paints is to maintain and develop branded, leading market positions in the global paints and coatings business with a high market share in the countries in which it competes. ICI Paints benefits technologically from the colloid, polymer and particle related science base and research carried out by other parts of the ICI Group. ICI Paints' international spread ensures it can maximise potential, enabling successful products and services to be rolled out around the world.the major manufacturing facilities are located in the USA, the UK, Brazil, Argentina, Germany, the Netherlands, France, China, India, and Malaysia. Additional manufacturing facilities are located in 16 other countries. 3. BASF Coatings division Münster, Germany Sales 2004: EUR 2,022 m.

2 Sales 2003: EUR 2,015 m. Employees 2004: 2,400 in Germany ; about 9,000 worldwide Jean-Pierre Monteny, CEO of BASF Coatings AG and President of the BASF Group's Coatings Division Number One in Germany BASF Coatings is an operating division of BASF - the world's leading chemical company. The Coatings Division develops, produces and markets a range of automotive OEM coatings, automotive refinishes and industrial coatings as well as decorative paints, and also the processes needed to apply them. In this business, eco-efficient water-based, powder and high-solids coatings as well as radiation-curable systems play a special part. BASF Coatings offers its customers a worldwide network linking the core processes of production, sales, and R&D. By manufacturing at over 20 major sites in total around the world BASF Coatings is close to its customers in 95 countries. The company extended its presence on the Chinese market and strengthened its coil coatings activities in Shanghai. 4. SigmaKalon Uithoorn, The Netherlands Sales 2004: EUR 1,710 m. Sales 2003: EUR 1,650 m. Employees 2004: 10,000 Pierre-Marie de Leener, CEO Big in decorative coatings SigmaKalon is a worldwide player in decorative, marine, protective and industrial coatings. The company employs around people in more than 40 different coatings. In its main business decorative coatings the Group has leading positions in France, the UK, the Benelux, Poland, Hungary, Czech Republic and Slovakia. SigmaKalon counts number two in decorative coatings in Europe. Main business is the supply of decorative coatings to both professional and DIY painters, which represents 75 % of the group's turnover. The remaining turnover is divided between marine and protective coatings (15 %) and industrial coatings (10 %). In the trade sector, paints are sold directly to professional painters via a network of company owned outlets or via distributors. In the retail sector, the Group supplies small independents and large DIY multiples with branded or private label paint ranges. 5. Altana Chemie Wesel, Germany Sales 2004: EUR 854 m.* Sales 2003: EUR 755 m.* Operating income 2004: EUR 78 m.* Operating income 2003: EUR 65 m.* Employees 2004: 4,300* Dr. Matthias L. Wolfgruber, President & CEO Altana Chemie AG Dr. Guido Forstbach, Managing Director Altana Coatings & Sealants GmbH Dr. Christoph Schlünken, Managing Director of ECKART GmbH & Co. K (*) including other activities Versatile specialist Three out of four business units within Altana Chemie are active in the field of paints, coatings and related products. The relevant divisions are Electrical Insulation, Coatings & Sealants and Effect Pigments, which is presented by the last year acquisition of the pigment manufacturer Eckart. The BU Electrical Insulation offers a range of liquid electrical insulation systems (e.g., wire enamels, impregnating resins, varnishes, compounds). Coatings & Sealants offers a range of coatings and related products for packaging and industrial applications (e.g. can coatings, coil coatings, overprint varnishes, closure compounds, can sealants.) With Eckart GmbH & Co. KG, Altana Chemie owns an leading international manufacturer of metallic pigments. 6. DAW Ober-Ramstadt, Germany "Caparol" (among others) Sales 2004: EUR 780 m.* Sales 2003: EUR 750 m.* Employees 2004: 3,700* Reinhold Heinzle, Chairman of the DAW executive board Dr. Klaus Murjahn, Dr. Ralf Murjahn, Chairmen * including other activities Family-owned & independent The "Caparol" Group of Companies is a family-owned German company going back over 100 years. Being amongst European market leaders for paints, enamels and protective coating. The main office and headquarters of the "Caparol" Group of Companies are located in Ober-Ramstadt, near Frankfurt am Main. This Caparol facility is deemed to be Europe's most modern place of production for professional building paints. From the main plant located here and averaged over a year, about tonnes of paint per day are supplied. This is probably the largest quantity of paint produced worldwide at a single production location. The "Caparol" Group developes, produces and distributes high-quality paints, varnish, glaze, construction coatings, materials for facades and insulating as well as artists paints. The company is leading the market for construction paints in Germany, Austria and Turkey and is the fourth biggest company in this sector in Europe. Apart from "Caparol", the brand names "Disbon", "Capatect" and "Alpina" also belong to the company and, along with paints and varnishes, the company also produces thermally insulating composite systems, coatings for floors, for the protection of concrete, for roof surfaces and systems for water protection. DAW also serves markets abroad through production companies in Austria, Italy, Sweden and France as well as sales companies in Switzerland, Holland, Belgium and almost all Eastern European countries, including Russia. 7. AB Wilh. Becker Höganäs, Sweden Sales 2004: EUR 744 m. Sales 2003: EUR 691 m. Operating income 2004: EUR 41 m. Operating income 2003: EUR 30 m. Net income 2004: EUR 23 m. Net income 2003: EUR 11 m. Employees 2004: 3,991 Ulf. G. Lindén, Chairman and CEO Magnus Lindstam, Managing Director Mike Henderson, Managing Director. Industry and artists materials Becker is Europes leading manufacturer of industrial coatings for metals and plastics, as well as products for surface treatment of wood. It is wholly owned by Lindéngruppen AB. The Parent Company, AB Wilh. Becker,

3 has overall responsibility for accounting, finance and information, while the business areas conduct their operations with a considerable degree of autonomy. The operation is becoming increasingly international. The Group has more than 30 production facilities in 15 countries, and markets its products all over the world. The most rapid growth is in Eastern Europe and Asia. Operations are divided into business areas, each of which is a profit centre. Becker Industrial Coatings (BIC) is the European market leader in Coil Coatings, which are used to precoat steel and aluminium for subsequent forming, without damage to the finish. BIC is also a major supplier of Special Coatings - specialised industrial finishing systems for metals and plastics. Becker Powder Coatings, (BPC), produces and markets powder coatings for metal. BPC is a innovative powder supplier, developing a world-wide group of customer-focused powder businesses. Becker Acroma is the largest company in Europe in lacquers, paints and stains for the wood working industry. Operations encompass all countries in Europe and North America through our own companies and production resources. In the Asia-Pacific region, products are distributed to selected markets via sales and service companies. Production facilities are under construction in China. Becker ColArt is the world market leader in the production and distribution of artists' colours. It owns three out of the six largest and most famous brands of artists' colours in the world. In recent years, ColArt has expanded its production beyond its traditional base in UK and France and now has eight factories worldwide, of which two are in China and one in Japan, in addition to those in UK (four) and France (one). 8. Jotun Sandefjord, Norway Sales 2004: EUR 717 m. Sales 2003: EUR 673 m. Operating income 2004: EUR 8.6 m. Operating income 2003: EUR 10.6 m. Employees 2004: 4,589 Morten Fon, CEO, Odd Gleditsch d.y., Chairman Marine and protection The Jotun Group is one of the world's major manufacturers of paints, coatings and powder coatings. It's a global group with 61 companies and 36 production facilities on five continents. To meet the ever-growing demand for its products, new factories are being built in China and Indonesia. The division Jotun Coatings is responsible for developing, manufacturing, marketing and selling coating systems for the marine market (Jotun Marine Coatings), industry (Jotun Protective Coating) world wide. Jotun Paints is responsible for decorative paints outside Scandinavia. The division Jotun Dekorativ counts Norway, Sweden, Denmark and Iceland as its market. Comprising two companies Jotun Dekorativ and Scanox the division aims to be a leading supplier of decorative coatings in Scandinavia by focusing on brands and strengthening of its business. The division maintained its market position in Norway, and also made a breakthrough in Denmark and Sweden. Jotun Powder Coatings is developing, producing and marketing thermosetting powder coatings for cost efficient decoration and protection of mass-produced articles. 9. Sto Stühlingen, Germany Sales 2004: EUR 682 m.* Sales 2003: EUR 655 m.* EBITDA 2004: EUR 56.7 m.* EBITDA 2003: EUR 47.7 m.* Employees 2004: 3,813* Jochen Stotmeister, Chairman of the Board of Directors * including other activities Facades and more The Sto Group is one of the major manufacturers of building façade products. Sto's core product line includes high-grade plasters and paints. Business of Sto is separated in 4 segments: colour and material concepts for individual buildings, ensembles, entire housing estates, interiors or production plants. 10. Hempel Lyngby, Denmark Sales 2004: EUR 584 m. Sales 2003: EUR 536 m. Employees 2004: 3,410 Pierre Yves Jullien, CEO Claus Colliander, Chairman Paint record The Hempel Group is a leader in the production and sales of paints and coatings within the marine, container, yacht, decorative and protective market segments. Hempel has altogether 18 factories, 47 sales offices, three research and development centres, and more than 130 stock points strategically located around the world. In 2004 the company sold a record 214 Mio. litres of paint. Hempel protects by developing and producing some of the best paints and coatings, and by making sure they are applied in the right way to the right surfaces. More than 500 coating advisers from Hempel work alongside customers, from initial surface inspection until the final coat is dry. 11. Materis Peintures Clichy, France Sales 2004: EUR 465 m. Employees 2004: 2,500 Rene Riu, President Big in France and Italy Materis Peintures, formerly known as Lafarge Speciality Materials, used to belong to the French Lafarge Group. Today, it is part of the Materis Group, whose majority shareholder, since 2003, is the investment company LBO France. Materis Peintures specialises in decorative paints. Apart from in its domestic market, it is active via a number of subsidiaries in Italy, Spain, Benelux and Germany. In particular, it is one of the leading suppliers of architectural paints for the Southern European market. 12 Tikkurila Vantaa, Finland, Paint business of Kemira, Helsinki, Finland Sales 2004: EUR 440 m. Sales 2003: EUR 440 m. Operating income 2004: EUR 38 m. Operating income 2003: EUR 30 m. Employees 2002: 2,300 Visa Pekkarinen, President Supplier from the North East

4 Tikkurila, which is responsible for Kemira's paints and coatings business, is the leading paint company in North-eastern Europe with production in seven countries and a sales organisation of its own in six more countries. The main business areas include decorative paints, industrial wood finishes and paints for the metal industry. In decorative paints, the company has leading local brands: "Tikkurila" in Finland and Russia, "Alcro" and "Beckers" in Sweden, "Vivacolor" in the Baltic countries and "Polifarb Debica" in Poland. In industrial coatings, "Tikkurila Coatings" is well-known. The company's core competencies include the marketing of branded products and use of tinting systems for marketing paints. The first-rate quality of products and services is ensured by extremely capable staff, strong R&D, highly automated production technology and efficient logistics. Tikkurila's strategy is based on selected product categories - decorative paints and selected industrial coatings - and on growth, both organically and by acquisition. The strongest growth is expected in Eastern Europe, where paint markets are expanding to keep pace with the rising standard of living. The company strengthens its market position in the Eastern European paints and coatings business through the acquisition of OOO KRASKI TEKS paints company in Russia. 13. Brillux Münster, Germany Sales 2004: EUR 350 m.* Employees 2004: 2,300* Management: Peter König, Franz Wilhelm König, Dr. Julius Schröder, Michael Thompson High presence in Germany Brillux is a family company which is over 100 years old, and is one of Germany's success stories in direct sales. The products are sold direct to users through 130 outlets. The company has production sites in Germany (at Münster, Herford, Unna and Malsch, which is part of Karlsruhe) and a goods distribution centre. Their range of complementary products, made up of more than items, will fit the bill for almost any tradesman working in the areas of painting, varnishing and textured stucco work. 14. Dyrup Sonborg, Denmark Sales 2004: EUR 225 m. Sales 2003: EUR 232 m. Operating profit 2004: EUR 13 m. Operating profit 2003: EUR 19 m. Employees 2004: 1,100 Hanne Lund, President and CEO Wood care from Denmark Dyrup concentrates mainly on the application areas indoor and outdoor colour and indoor and outdoor care, withing which the company offers concepts and solutions as well as a broad programme of paint and wood care products. Dyrups business concept is "to supply solutions within decorative paints and wood care that maintain, protect and beautify homes and buildings". The company distributes its products and services through nine subsidiaries in Europe and through selected distributors in and outside Europe, and also has a few licence agreements. Principal sales channels are the DIY retail trade, the professional trade, and industrial customers. DIY accounts for about 45% of Dyrup's revenue, the professional trade for about 40% and industrial customers for about 15%. Sales of wood care and other solutions for outdoor use account for approx. 70% of consolidated revenue. Dyrup A/S operates as an independent company owned by the Danish holding company Monberg & Thorsen A/S. 15. J. W. Ostendorf Coesfeld, Germany Sales 2004: EUR 200 m.* Employees 2004: 800* Management Executive Board: Dr. Karl Kuhlmann, Heinz Rothues, Michael Ostendorf, J.W. Ostendorf Custom made brands This philosophy of German manufacturer Ostendorf is to develop brands for distributors and manage them innovatively together with the distributors. At the heart of this is the do-it-yourself customer served by the large commercial outlets in Germany and elsewhere in Europe. This Strategy has proved very successful in recent years for Ostendorf, a middle-sized private company. Brands from distributors always find bette racceptance in the DIY sector than conventional branded products from the latest supplier. According to Ostendorf, this concept has many advantages: "Brands from distributors secure good margins by offering attractive yields, and when competition is aggressive this can be crucial. A trade brand introduced across a distributor's entire territority increases the company's market value and the value of its marks, and so makes it more competitive." 16. Meffert Bad Kreuznach, Germany Sales 2004: EUR 200 m.* Sales 2003: EUR 195 m. Employees 2004: 810* Klaus Meffert, Chairman of the Board For Pro's and DIY-Fans Both professionals and DIY enthusiasts make up the main buyers supplied by Meffert AG. Meffert's Professional Line covers 8 different brands and there are 3 more DIY-brands. The wide-ranging product portfolio is tailored to applications in the architectural sector. Production is in 8 factories, of which 1 is in Romania, 1 in Ukraine and 1 in Moscow. Apart from the headquarters in Bad Kreuznach, there are distribution centers in France, Poland, the Czech Republic and Hungary. Sales offices are in Russia, Ukraine, Latvia and China, too. 17. Yasar Izmir, Turkey Sales 2004: EUR 200 m.* Employees 2004: 2,000* Selcuk Yasar, Chairman of the Board Paints from the South East The Yasar Paint Group tradition stretches back to 1927, when Dumus Yasar opened his first paint store in Izmir, Turkey. Today, with its six member companies, the group is, by a wide margin, the largest paint producer in the rankings

5 of Turkey's 500 largest companies. The Group is composed of six companies and generating exports to 40 countries. The Yasar Paint Group is a manufacturing giant that produces 950 different products. With annual production of more than 135,000 tons paint and tons plasters, the Yasar Paint Group is Turkish market leader. 18. Teknos Helsinki, Finland Sales 2004: EUR 193 m. Sales 2003: EUR 188 m. Operating profit 2004: EUR 13.5 m. Operating profit 2003: EUR 6.2 m. Employees 2004: 888 Raimo Anjala, Managing Director of the parent company Teknos Group; Martti Kiikka, Chairman/CEO metal and wood coatings, car refinishing coatings, road marking paints and powder coatings. With 40 % sales by quantity (24 % by value) in 2004, the decorative coatings segment has the biggest share of all the Helios businesses. Helios Domzale has grown a lot in recent years by acquisitions of several competitors. The company has subsidiaries in many countries such as Italy, the Czech Republic, Poland, Croatia, Serbia and Montenegro, Macedonia and Russia. Regarding the regional sales by quantity, Helios sold 32 % of its products to EU countries. 23 % of the sales by quantity stayed in Helios' home market Slovenia. The company forecasts sales figures of EUR 230 m. in Scandinavia's leader of industrial coatings Teknos is one of Scandinavia's leading suppliers of industrial coatings and a major participant in the retail and architectural paint markets. Group companies operate in Scandinavia, Germany, the United Kingdom, Ireland, and Poland, and through a well-established network of agents and representatives in about twenty other European countries. Teknos employs around 950 staff, with over 150 working in research and development. Group turnover is close to EUR 200 million. Teknos strength's lie in its strong technical know-how, supported by sustained investment in R&D, and a desire to become the preferred Paint Partner of all of its Customers. The company is one of the largest family businesses in Finland. 19. CIN Maia, Portugal Sales 2004: EUR 176 m. Sales 2003: EUR 173 m. Net income 2004: EUR 10.6 m. Employees 2004: 1,164 João M. Serrenho, CEO and Managing Director António M. Serrenho,Chairman Portugal & Spain Since 1995, CIN has been the market leader in the Iberian peninsula. The most important product areas are in architectural paints, industrial coatings, automotive refinish and anti-corrosive coatings with products like solvent and water based paints, enamels, varnishes, primers and undercoats. 20. Helios Domzale d.d. Domzale, Slovenia Sales 2004: EUR 169 m. Sales 2003: EUR 130 m. Operating income 2004: EUR 13 m. Operating income 2003: EUR 11 m. Net income 2004: EUR 14 m. Net income 2003: EUR 13 m. Employees 2004: 1,713 Uros Slavinec, president of Management Board Market leader in Slovenia grows with paints and coatings The paints and coatings company Helios Domzale, based in Domzale, Slovenia, is active in different business fields. Apart from decorative coatings, the company also produces

6 .