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  • Tikkurila Oyj
    P.O. Box 53, Heidehofintie 2 FI-01301 Vantaa Finland
    +358 20 191 2000
    https://tikkurila.com/
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    Tikkurila Color of the Year is Nocturne

    PPG Tikkurila today announced the Color Now 2025 collection and Nocturne N348 as the 2025 Color of the Year for the Tikkurila brand. Dark blue Nocturne is designed to create calm spaces and help people find their inner peace.In a world full of chaos and constant change, people need serenity, peace of mind and a sense of confidence and calmness. And this is where the Color Now 2025 palette - and especially the color of the year, Nocturne - comes in. “With its deep and dark blue, resembling the night sky, it offers more than just a beautiful hue for walls. It provides a vast, almost

    Tikkurila Color of the Year 2024 is Nude in Nizza

    PPG Tikkurila today announced the Color Now 2024 collection and Nude in Nizza as the 2024 Color of the Year for the Tikkurila by PPG brand. Nude in Nizza is a peachy-toned color that radiates warmth. This year’s Color Now 2024 collection - Tikkurila x Marie Olsson Nylander - was designed by the renowned Swedish interior designer Marie Olsson Nylander."The trend for warm interior colors is still going strong and will remain so in the future,” said Irina Hanhisalo, PPG color category manager, Tikkurila brand. ”Soft and welcoming colors that make rooms feel peaceful and cozy are easy to

    Tikkurila Color of the Year 2023 is Rosy Moment

    PPG Tikkurila has introduced the Color of the Year 2023 and the Color Now 2023 collection. Color of the Year 2023 is V413 Rosy Moment – color that represents warmth, empathy and being kind to the people around you. Everyday turns into ‘rosy moment’ when you have your best people around you.In the world of endless style, trend and colour choices we want to lift and emphasize something that has true feeling as a starting point. Being together and taking care of one another increases joy and happiness. We find meaningfulness by being there for other people. It’s also very much about what

    Tikkurila Colour of the Year 2022: Every adventure begins at home

    Tikkurila’s colour of the year is L478 Kestrel, calm and grounding brown with a hint of cool red. It borrows its name from a Kestrel, a falcon species that’s torn between two homes.Much like Kestrels’, our homes are not static. Our homes are built upon our memories and experiences that we draw inspiration from. Wherever we go becomes a part of us and our home. This grounding colour will offer a warm feeling of familiarity with interesting undertones that makes a home feel elegant in an inviting way. “In the past two years, we’ve been paying more attention to our spaces, but we’ve also

    PPG Finland Oy has gained title to the minority shares in Tikkurila Oyj and the shares of Tikkurila Oyj will be delisted from Nasdaq Helsinki

    PPG Finland Oy has today posted a security approved by the arbitral tribunal appointed by the Redemption Board of the Finland Chamber of Commerce in connection with the redemption proceedings concerning the minority shares in Tikkurila Oyj (“Tikkurila”). Thus, PPG Finland Oy has acquired ownership of all of the shares in Tikkurila in accordance with Chapter 18, Section 6 of the Finnish Companies Act.The minority shareholders of Tikkurila involved in the redemption proceedings, following the lodging of the security and the transfer of ownership, are entitled to receive only the redemption

    More Tikkurila products to receive EPDs – A total of 25 products now have the declaration

    Tikkurila reached another step towards more sustainable and responsible production, as the third-party verifier’s approval for the second batch of Environmental Product Declarations (EPDs) came through. A total of 25 products have now received the declaration. New products with a declaration are Tikkurila, Beckers and Alcro wall and ceiling paints.An EPD is a voluntary, transparent, and well-established declaration to present transparent, comparable, and verified environmental information about the environmental impact of the life cycle of products or services. The EPD process is based on

    The arbitral tribunal has confirmed PPG Finland Oy's redemption right regarding Tikkurila Oyj's minority shares and trading in the shares of Tikkurila Oyj has been suspended

    The arbitral tribunal appointed by the Redemption Board of the Finland Chamber of Commerce has today confirmed that PPG Finland Oy has the right to redeem the minority shares in Tikkurila Oyj (“Tikkurila” or the “Company”) and that PPG Finland Oy has the right to obtain title to the minority shares by lodging a security approved by the arbitral tribunal for the payment of the redemption price and the possible interest accruing thereon.As previously announced, Tikkurila has on 9 September 2021 submitted an application for the delisting of its shares from the official list of Nasdaq Helsinki

    Wrong paint may affect the quality of indoor air – 5 common challenges of painting walls

    The global pandemic has resulted in new interest in home renovation and decorating, as demonstrated clearly in the sales of paint. In 2020, Tikkurila’s production grew by 3.4 per cent, and waterborne decorative paints account for over 80 per cent of the total sales.  The benefits of waterborne paints for the consumer are fundamental. In addition to painting with easy-to-use waterborne paints, success in indoor painting demands some central steps.Tikkurila wants to make more and more sustainable products in the future in addition to environmentally efficient production. That means, among

    Amendment of disclosure policy of Tikkurila Oyj

    The Board of Directors of Tikkurila Oyj (“Tikkurila” or the “Company”) has today resolved to amend the Company’s disclosure policy so that on a yearly basis the Company will publish only a financial statement release and a half-year report.The Company’s updated disclosure policy is available on its website. As a consequence of this amendment, the Company is also updating its financial reporting calendar, which was published on 28 August 2020, to reflect that the January-September 2021 business review will not be published. DISTRIBUTION Nasdaq Helsinki Ltd Main news media For

    Tikkurila Oyj applies for the delisting of its shares from Nasdaq Helsinki Ltd

    9 September 2021 at 7.45 a.m. EEST TIKKURILA OYJSTOCK EXCHANGE RELEASE The Board of Directors of Tikkurila Oyj (“Tikkurila” or the “Company”) has today resolved to apply for the termination of public trading in the shares of Tikkurila and for the delisting of its shares from the official list of Nasdaq Helsinki Ltd. PPG Finland Oy holds more than 90 per cent of all of the shares and voting rights carried by the shares in Tikkurila and has on 11 June 2021 commenced redemption proceedings in respect of Tikkurila’s minority shares by applying for arbitration proceedings to be

    Arbitral tribunal appointed for the arbitration proceedings concerning the redemption of the minority shares in Tikkurila Oyj

    Tikkurila OyjStock exchange releaseAugust 18, 2021 at 12.10 p.m. EEST As previously announced, PPG Finland Oy has on 11 June 2021 commenced mandatory redemption proceedings in respect of Tikkurila Oyj’s (“Tikkurila” or the “Company”) minority shares by applying for arbitration proceedings to be initiated in accordance with Chapter 18, Section 4 of the Finnish Companies Act in order to obtain ownership of all the issued and outstanding shares in Tikkurila. The Company has today been informed that the Redemption Board of the Finland Chamber of Commerce has appointed an arbitral

    Tikkurila’s half year financial report for January-June 2021: Tikkurila’s revenue grew, profitability remained at a good level

    Tikkurila OyjHalf year financial reportJuly 23, 2021 at 9.30 a.m. (EEST) This is a summary of Tikkurila's half year financial report. The full report is attached to this stock exchange release and is available on Tikkurila's website.  April−June 2021 highlights · Revenue increased by 7.4 percent to EUR 184.5 (171.8) million. Comparable revenue increased by 9.1 percent, excluding currency effects. · Operating result (EBIT) decreased by 52.4 percent to EUR 15.8 (33.1) million and was 8.5 (19.3) percent of revenue. Operating profit was affected by costs related to PPG’s

    Tikkurila to publish its half year financial report for 2021 on Friday July 23, 2021 at around 9.30 a.m.

    Investor News21 July 2021, at 8.35 a.m. EEST Tikkurila Oyj will publish its half year financial report for 2021 on Friday, July 23, 2021 at approximately 9.30 a.m. (EET). Half year financial report for 2021 will be published in English and in Finnish as a stock exchange release. Materials can be found also on Tikkurila’s webpages www.tikkurilagroup.com under Investors after the publication. For further information, please contact:Tikkurila Communicationsir@tikkurila.com

    Trustee Appointed for the Arbitration Proceedings Concerning the Redemption of Minority Shares in Tikkurila Oyj

    TIKKURILA OYJStock exchange release 23 June 2021 at 5.10 p.m. EEST NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR IN ANY OTHER JURISDICTION IN WHICH IT WOULD BE PROHIBITED BY APPLICABLE LAW. PPG Finland Oy ("PPG Finland") has on 11 June 2021 commenced redemption proceedings in respect of shares held by Tikkurila Oyj’s ("Tikkurila") minority shareholders by initiating arbitration proceedings in accordance with Chapter 18, Section 3 of the Finnish Companies Act

    Markus Melkko, CFO of Tikkurila, appointed as interim CEO of Tikkurila

    Change in Board/Management/Auditors June 14, 2021 at 12.30 p.m. EEST Tikkurila Oyj announced on 13 June 2021 that upon completion of PPG Industries, Inc.’s tender offer for all of the shares of Tikkurila, Tikkurila’s chief executive officer (CEO) Elisa Markula notified the Tikkurila board of directors of her decision to resign as CEO of Tikkurila to take a CEO role at another company in another industry sector. The board of directors of Tikkurila has today named Markus Melkko as interim CEO of Tikkurila, effective immediately, in addition to his current responsibilities as Tikkurila’s

    Changes to the Board of Directors of Tikkurila Oyj and disbandment of the Nomination Board

    TIKKURILA OYJChanges in Board/Management/Auditors June 14, 2021 at 11.10 a.m. EEST As previously announced on June 10, 2021, Tikkurila Oyj’s Annual General Meeting decided to elect Michael McGarry, Timothy Knavish, Laura Alvarez, Emmanuelle Guérin, Steven Pocock, Rocco Semeraro and Ramaprasad Vadlamannati as new members of the Board of Directors, and to elect Michael McGarry as the Chairman and Timothy Knavish as the Vice Chairman of the Board of Directors, for a term commencing on the registration of the right and obligation of PPG Industries, Inc. or of its subsidiary to redeem

    Notification of the holdings, J.P. Morgan Chase & Co.

    Tikkurila OyjMajor Shareholder Announcement14 June 2021 at 10.35 a.m. (EEST)Tikkurila Oyj (business ID 0197067-4) has on June 11, 2021 received a notification pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10, from J.P. Morgan Chase & Co.The indirect holding of the funds and accounts managed by J.P. Morgan Chase & Co. in the shares and financial instruments of Tikkurila Oyj has decreased below 5 percent threshold. Date on which the threshold was crossed or reached:June 9, 2021 J.P. Morgan Chase & Co.’s position according to their notification:Full name

    Tikkurila CEO Elisa Markula to step down following closing of PPG’s tender offer

    Tikkurila OyjChange in board/management/auditorsJune 13, 2021 at 6.00 p.m. EEST Upon completion of PPG’s tender offer for all of the shares of Tikkurila, Elisa Markula, chief executive officer (CEO) of Tikkurila, has notified Tikkurila of her decision to resign to take a CEO position at another company in another industry sector. Markula’s resignation will be effective upon a date to be announced as she will remain with Tikkurila until then to help ensure a smooth transition. Markula has served as CEO of Tikkurila since April 2018.   “I would like to thank Elisa for her very

    Notification of the holding of UBS Group AG

    Tikkurila OyjMajor Shareholder AnnouncementJune 11, 2021 at 6.35 p.m. (EEST)Tikkurila Oyj (business ID 0197067-4) has on June 11, 2021 received a notification pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10, from UBS Group AG.The indirect holding of the funds and accounts managed by UBS Group AG in the shares of Tikkurila Oyj has decreased below 5 percent. Date on which the threshold was crossed or reached:June 10, 2021. UBS Group AG’s position according to their notification:Total positions of person(s) subject to the notification obligation:

    PPG Finland Oy to commence redemption proceedings in respect of the remaining minority shares in Tikkurila Oyj

    TIKKURILA OYJStock exchange release 11 June 2021 at 5.02 p.m. EEST NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND OR SOUTH AFRICA OR IN ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW. On 9 June 2021, PPG Industries, Inc. (“PPG” or the “Offeror”) announced that it will complete the voluntary public cash tender offer to acquire all of the issued and outstanding shares in Tikkurila Oyj (“Tikkurila” or the “Company”) that are not held by

    Notification of the holding, Oras Invest Oy

    Tikkurila OyjMajor Shareholder AnnouncementJune 11, 2021 at 12.50 p.m. (EEST) Tikkurila Oyj (business ID 0197067-4) has on June 11, 2021 received a notification pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10, from Oras Invest Oy. The shareholding of Oras Invest Oy in the shares of Tikkurila Oyj has decreased below 20 percent. Date on which the threshold was crossed or reached:June 10, 2021 Oras Invest Oy’s position according to their notification: Total positions of person(s) subject to the notification obligation: +----------------+------+-----

    Notification of the holdings of PPG Industries, Inc.

    Tikkurila OyjMajor Shareholder Announcement11 June 2021 at 11.45 a.m. (EEST) Tikkurila Oyj (business ID 0197067-4) (“Tikkurila”) has on 10 June 2021 received a notification pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10, from PPG Industries, Inc.(entity number 284424).  PPG Industries, Inc.’s position according to their notification: Full name of the shareholder(s):PPG Finland Oy (3198773-3) Date on which the threshold was crossed or reached:June 10, 2021 Total positions of person(s) subject to the notification obligation:  +----------------

    Notification of the holdings of PPG Industries, Inc.

    Tikkurila OyjMajor Shareholder Announcement11 June 2021 at 11.40 a.m. (EEST)Tikkurila Oyj (business ID 0197067-4) (“Tikkurila”) has on 10 June 2021 received a notification pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10, from PPG Industries, Inc. (entity number 284424) PPG Industries, Inc.’s position according to their notification: Full name of the shareholder(s):PPG Finland Oy (3198773-3) Date on which the threshold was crossed or reached:June 10, 2021 Total positions of person(s) subject to the notification obligation:  +----------------+--

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