Article: Kemira Oyj subsidiary to acquire Farggladje Maleributiken AB.

NORDIC BUSINESS REPORT-10 December 2008-Kemira Oyj subsidiary to acquire Farggladje Maleributiken AB(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Finnish chemicals group Kemira Oyj (OMX Helsinki:KRA) said on Wednesday (10 December) that its Swedish subsidiary, Alcro-Beckers AB, part of the Finnish Tikkurila which is responsible for Kemira's paints and coatings business, has signed an agreement to acquire a 100% stake of the shares in the paint store Farggladje Maleributiken AB in Alvik, Stockholm from its owner Lars Andersson.

Maleributiken's revenue totalled approximately EUR5.8m in 2007 and it currently employs about 20 people.

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