DEUTEK
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PPG Completes Acquisition Of Romanian Paint Manufacturer Deutek
U.S. giant PPG has completed the acquisition of Romanian paint and architectural coatings manufacturer Deutek SA, one of the largest players on the local market, with EUR30 million sales in 2015.
Competition Council Clears Takeover Of Deutek By PPG Europe BV
Romania’s Competition Council has approved the takeover of Romanian paint manufacturing company Deutek SA by PPG Europe BV, the institution said in a statement on Tuesday.
Competition Council Looks Into Takeover Of DEUTEK By PPG Europe BV
Romania’s Competition Council is looking into the economic concentration operation whereby PPG Europe BV will acquire direct sole control over Deutek SA.
US PPG Group Buys Paint Manufacturer Deutek From Axxess Capital
US PPG group is entering Romania by buying Deutek, one of the largest local paint manufacturers. PPG is a Fortune 500 industrial conglomerate, whose operations include paint business, chemic...
Axxess Capital In Talks To Sell Paint Maker Deutek
Private equity firm Axxess Capital run by Romanian Horia Manda is in talks to sell paint manufacturer Deutek for EUR40 million to EUR50 million, market sources say.
Deutek Turnover Up 7% To RON131.6M In 2015
Romanian decorative paints producer Deutek reported a turnover of RON131.6 million (EUR29.6 million) in 2015, up 7% on the year, and a profit of RON13.2 million.
Advent’s Portfolio In Romania Includes Only Two Companies After Two More Exits
Investment fund Advent Internaținal sold two of its Romanian businesses over the past year: medical drug producer Labormed in August 2012 and paint maker Deutek this month.
Advent International Sells Romanian Paints Producer Deutek To Axxess Capital
Global private equity firm Advent International Wednesday said it has sold its holding in Romanian decorative paints producer Deutek to Emerging Europe Accession Fund (EEAF) for an undisclos...
Cesal Oradea Buys Deutek's Adhesive And Dry Mortar Plant
Construction materials manufacturer Cesal Oradea, held by Poland’s Atlas group, has bought the Deutek adhesive and dry mortar plant in Fundulea (southern Romania).