Expect more mergers, analysts announce, as paint production consolidates

"There are some signals of plans to consolidate manufacturing, which might result in the creation of three to four groups on the market. It is hard to predict whether this would happen over the next few months or years," said Marek Świętoń, an ING analyst. Indeed, sector commentators already anticipate a merger between Włocławek-based Nobiles and Tikkurila Beckers Dębica. "This will happen only if their owners reach an agreement, but some of their brands are complementary. The merger would secure these companies the second place on the market," said Mirosław Stachowicz, director of ICI Polska. (Puls Biznesu, pp. 1, 6) M.M.