27 August 2009 13:22 [Source: ICIS news]
LONDON (ICIS news)--Kemira’s paints and coatings business, Tikkurila, has agreed to buy out JUB’s 50% share in Tikkurila JUB Romania SRL, Kemira said on Thursday.
The full ownership will be transferred to Tikkurila on 1 September and the Romanian company's name will be changed to Tikkurila SRL, it added in a statement.
“Tikkurila Romania SRL was established in May 2008 for marketing, selling and distributing Tikkurila’s and JUB’s decorative paints in ?xml:namespace>
The financial details related to the deal were not disclosed.
The company has an office and warehouse in
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