Teknos has completed the acquisition of Drywood Norge AS

Teknos has completed the acquisition of the business of Drywood Norge AS, a company operating in architectural coatings business in Norwegian market. 

The acquisition of Drywood Norge AS is supporting Teknos’ growth strategy, allowing Teknos to enter a new business area and further strengthening Teknos’ position in the architectural coatings market.  

Dutch Drywood paint products have been in the Norwegian market for over 40 years. The products, especially Drywood house and roof paints, have qualities suitable for the Norwegian climate. The company has developed positively to this day, today's turnover being just below NOK 30 million.   

“I’m extremely pleased for the successful completion of the acquisition. We look forward to provide extended product assortment and direct deliveries to our customers in Norway”, says Paula Salastie, CEO, Teknos Group Oy. 

More information: 

Espen Lund 
Sales Director 
Teknos Norway 
Tel. +47 312 94900 
espen.lund@teknos.com 

Marcel Dissel 
Chief Commercial Officer 
Teknos Group Oy 
marcel.dissel@teknos.com 
tel. +41 792 815 161 

Minna Koistinen 
Chief Marketing and Communications Officer 
Teknos Group Oy 
minna.koistinen@teknos.com 
tel. +358 50 429 4180 

Teknos is a global coatings company with operations in more than 20 countries in Europe, Asia, and the USA. It employs approximately 1,800 people and makes annual net sales of approximately EUR 384 million. Teknos is one of the leading suppliers of industrial coatings with a strong position in retail and architectural coatings. Teknos wants to make the world last longer by providing smart, technically advanced paint and coating solutions to protect and prolong. Teknos always works in close cooperation with its customers. It was established in 1948, and is one of Finland’s largest family-owned businesses. For further information, visit www.teknos.com

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