Add-on Acquisition • Chemicals

Teknos Group Oy Acquires Drywood Coatings B.V.

On September 15, 2016, Teknos Group Oy acquired chemicals company Drywood Coatings B.V.

Acquisition Context

This is Teknos Group Oy’s 3rd transaction in the Chemicals sector.
This is Teknos Group Oy’s 1st transaction in the Netherlands.

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M&A Deal Summary
Date	September 15, 2016
Target	Drywood Coatings B.V.
Sector	Chemicals
Buyer(s)	Teknos Group Oy
Deal Type	Add-on Acquisition

Target Company

Drywood Coatings B.V.

Enschede, Netherlands

Drywood Coatings B.V. is a developer, producer and supplier of water based coatings for wooden substrates.

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Buyer Overview 1

Buyer

Teknos Group Oy

Helsinki,, Finland

Category	Company
Founded	1948
Sector	Chemicals

DESCRIPTION

Teknos Group Oy engages in the manufactures and supplies paints and coatings for manufacturers in the United Kingdom, Scotland, and Ireland.

Deal Context for Buyer	#
Overall	3 of 3
Sector: Chemicals	3 of 3
Type: Add-on Acquisition	2 of 2
Country: Netherlands	1 of 1
Year: 2016	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2016-05-11	Feidal Coatings - Industrial Coatings Business Brüggen, Germany Feidal Coatings - Industrial Coatings Business is a developer and supplier of paints and coatings.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2016-05-11

Feidal Coatings - Industrial Coatings Business

Brüggen, Germany

Feidal Coatings - Industrial Coatings Business is a developer and supplier of paints and coatings.

Buy

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