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Materis Paints: Company Overview

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Materis Paints: Company Overview
POM-------------------------------------------------
MATERIS PAINTS
No. 3 in the European Paints market, Materis Paints offers its trade and Do It Yourself customers a variety of brands specifically dedicated to their needs : Tollens, Zolpan and Pladox, in France, Viero, Cepro, Settef, Max Meyer, Duco, Baldini and Mistercolor in Italy, Revetón, Alp and Duraval in Spain, Robbialac and VIP in Portugal, Claessens in France and Switzerland and Colorín in Argentina all have a high or very high reputation in their domestic markets.
In addition to manufacturing its paints, Materis Paints relies on networks of independent distributors as well as integrated distribution networks :Couleurs de Tollens and Zolpan in France (both with more than 250 points of sale in total make Materis Paints the first distributor of paints and decorative products in France), Colori di Tollens in Italy, Colores de Alp in Spain and 60 Robbialac points of sale in Portugal.
Materis Paints, which has been one of the most dynamic players in Europe in terms of development with sales tripling between 1998 and 2007, has set itself the target of continuing that growth by taking an active part in the consolidation of the European paint industry and by entering new high growth area like South America and Mediterranean Bassin.
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Materis Paints sets up in Morocco acquiring Arcol, the N° 5 in the Moroccan market
Materis Paints, Materis’ Paints business (whose best known brand in France is Tollens) has just acquired the Moroccan paint company Arcol on 7th November.

This family company, formed in the 70s by Mr. Akdim, produced 2006 earnings in the region of 16 M€, has 150 employees and ranks 4th in its domestic market.
Arcol currently has a sales network of 9 offices/depots spread throughout the country, while the head office and production unit are located in Casablanca.
After buying the Argentinean paint manufacturer Colorin in July 2006, which

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