Nordic Business Report-July 25, 2006-Kemira Oyj subsidiary acquires Ukraine's Kolorit Paints
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
Finnish chemicals company Kemira Oyj said on Tuesday (25 July) that its paints and coatings business Tikkurila had increased its ownership in the Ukrainian-based company Kolorit Paints.
Tikkurila Oy now owns 100% of the company shares, after the Ukrainian party LGU sold its 49% stake.
The company name has been changed to TOB Tikkurila.
Financial details were not disclosed.
((Comments on this story may be sent to [email protected]))