echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Coatings News > Paints and Coatings Market > Libang Coatings controls the German automotive coatings manufacturer, B.K

    Libang Coatings controls the German automotive coatings manufacturer, B.K

    • Last Update: 2021-02-13
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    China Coatings Network
    News: Recently, Libang Paints (Japan
    Coatings
    Co., Ltd.) announced that it has completed the acquisition of another 12 shares in the German paint manufacturer Bollig and Kemper GMBH (B-K), and thus completed a 51% stake in the company.
    In order to consolidate and develop its global
    Automotive Coatings
    business, Libang Paint, through its subsidiary Japan Coatings (Europe) Co., Ltd., formally signed an agreement on October 30, 2013 to acquire a 39% stake in the German automotive coatings manufacturer B.K., a crucial step in the expansion of Libang Paint's international business.
    Since the establishment of a joint venture in the sale of automotive coatings in Shanghai, China, in July 2008, Libang Paint has opened its first business cooperation with B.K., with Libang's good image and excellent quality based on the Asian market over the years, as well as the top technology and strength accumulated by B.K. as a well-known German automotive coatings manufacturer in Europe, to jointly develop the European car coatings market in China.
    the acquisition of a stake in B.K. in 2013, the two sides achieved win-win results in technology and markets, with growing business in China and Europe for European automakers.
    to continue to expand its automotive coatings business around the world after the company's decision to take control of the company.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.