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Article: Alcro-Beckers acquires flagship store for its Alcro brand in Stockholm.(Fresh Paint)
- Article from:
- Coatings World
- Article date:
- January 1, 2009
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Following its strategy of maintaining its position in the Swedish market, Alcro-Beckers AB, part of the Finnish Tikkurila that 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 Madeributiken AB (Maleributiken) in Alvik, Stockholm from its owner Lars Andersson. Maleributiken's revenue totaled approximately 5.8 million [euro] in 2007. The store currently employs approximately 20 people.
Alcro-Beckers owns approximately a 40% share of the decorative paints market in Sweden. Maleributiken is the company's first wholly-owned store for serving consumers. Alcro-Beckers ...