Betek Boya was expected to see sales of approximately EUR 250 million (TL 1.75 billion) last year, reports the Turkish Online portal Daily Sabah. German paint company DAW holds nearly 25 % of Betek's shares, while the majority stakeholder is the Akpinar family of Turkey. In a presentation prepared for the investors, Nippon said by acquiring Betek Boya the company will achieve the largest market share in Turkey in addition to Asia, where the company has long had a strong presence in, and the Pacific region. Here the acquisition of the Australian company Dulux for approximately EUR 2.38 ...
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