Altac Coating Group acquires Proving BV and Airo Nederland BV
Drachten / Westervoort – Altac Coating Group (Altac), the Dutch family business specializing in the supply of Paint, Nonpaint and equipment for the automotive, yacht and industrial sectors, completed the acquisition of Proving BV and Airo Nederland BV on 21 July.
Proving BV is an established distributor of paint and non-paint products in the central and eastern Netherlands, with strong brands such as PPG, MaxMeyer®, Selemix® and Dichem®. The acquisition fits within Altac’s strategy of being active nationwide with a regional presence and a high-quality product range.
With the acquisition of Airo Nederland BV, Altac Coating Group obtains the exclusive importership of the Airo brand in the Netherlands. Airo is best known for its high-quality fillers and supplies distributors, paint manufacturers and craft businesses. The acquisition fits within Altac’s strategy to broaden its B2B offering and strengthen its position in the filler segment.
Proving BV and Airo Nederland BV will continue to operate from Westervoort, with all employees transferring as part of the acquisition. The acquisition provides long-term certainty for both companies and opportunities to further expand their services. Gerrit Evert Tacoma, director of Altac Coating Group: “We want to preserve everything that is good. The knowledge, brands and people of Proving BV and Airo Nederland BV are a perfect fit with our organization.”
Complementary offering and shared values
Altac, Proving BV and Airo Nederland BV are all family businesses with a strong customer-focused culture. The products of Proving BV and Airo Nederland BV complement Altac’s existing portfolio, creating synergies in knowledge, purchasing and support. Proving BV also supplies films, cabin care products, abrasives, tapes, personal protective equipment, masking paper and paint-related products such as mixing cups and strainers.
Market developments and consolidation
The acquisition responds to the consolidation in the market of paint and non-paint suppliers. Altac Coating Group has grown in a relatively short time into a Benelux organization with a significant market share in Paint, Nonpaint and Equipment for car body repair companies. It is the only SME family business that is active nationwide, operating in a market of foreign multinationals and paint manufacturers.
Long-term vision
Altac Coating Group wants to give customers of Proving BV and Airo Nederland BV access to its own innovations such as the ordering app and technical support. The acquisition fits within the ambition to support customers more broadly with knowledge, products and process optimization. It enables Altac to continue seeking more sustainable solutions and innovations that contribute to efficiency and quality in collision repair.
About the Van Ingen family
The shares of Proving BV and Airo Nederland BV were acquired from the
Van Ingen family. Frits van Ingen and his wife Mieke van Ingen deliberately chose Altac Coating Group because of its good reputation as a family business with a proven approach. They will remain active within the organization for a long time and continue to contribute to the further growth of the group in the same way.
