Ring International acquired Rembrandtin

MP Corporate Finance acted as the exclusive financial advisor to Ring International Holding AG in the acquisition of speciality coatings manufacturer Rembrandtin GmbH in Vienna, as part of the buy & build strategy.

Ring International Holding AG acquired Rembrandtin GmbH as a strategic investor and intends to expand the company’s operations further. Thanks to optimised investments and consistent further development of its products, Rembrandtin is now ready for an expansion. The new owner especially seeks to significantly extend the paint business of Rembrandtin in Central and Eastern Europe via add-on acquisitions.

In 2005, Rembrandtin Lack GmbH achieved a turnover of approx. EUR 36 million and employed 131 staff. The company focuses on industrial paints and road markings; its strengths lie in high quality and productivity based on highly modern production equipment and in a high level of research activities. Products are sold globally, with core markets, apart from Austria, in Central and Eastern Europe and in the Far East.

Ring International Holding AG is a leading company group in the field of office supplies and industrial paint, with a total of 30 companies, of which 12 are production sites. Globally, RIH employs 1,300 staff on three continents. On a production area of 83,000 m², among others 1.7 billion soft plastic covers are manufactured each year, as are 60 million binder filling mechanisms, approximately 185 million level mechanisms for the office supplies industry, but also 20,000 tons of liquid coating for road markings, corrosion protection and other industrial applications such as 10,000 tons of powder coating for industrial applications.