M&A
History of acquisitions and divestments. In the 21st century, Tikkurila has completed the following significant acquisitions and divestments:
| Year | Acquisition/divestment | Company/business | Revenue |
|---|---|---|---|
| 2017 | Divestment | Subsidiaries in Serbia and Macedonia | EUR 13 million |
| 2016 | Divestment | Subsidiaries in Ukraine and Belarus | EUR 12 million |
| 2014 | Acquisition | ISO Paint Nordic A/S in Denmark | EUR 7.5 million |
| 2014 | Acquisition | KEFA Drytech AB in Sweden | EUR 2 million |
| 2012 | Divestment | Subsidiaries in Hungary, Czech Republic, Slovakia and Romania |
EUR 13 million |
| 2011 | Acquisition | Business operations of Zorka Color, a Serbian paint company | EUR 16 million |
| 2011 | Divestment | Two retail stores in Sweden | EUR 7 million |
| 2011 | Divestment | OOO Tikkurila Powder Coatings | EUR 2 million |
| 2007 | Acquisition | OOO Gamma Industrial Coatings and OOO Tikkurila Powder Coatings (Dickursby Holding AB) |
EUR 10 million |
| 2006 | Acquisition | Russian Kraski Teks | EUR 80 million |
| 2001 | Acquisition | Swedish Alcro-Beckers AB | EUR 190 million |
| 2000 | Divestment | Tinting business (CPS Color) | EUR 130 million |
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