As seen in: Meer & Yachten / July/August 2005
Compared to the total paint market, the yacht paint sector is only a niche market. However, once a company is well established, a highly profitable and, first of all, an extremely prestigious one. A Hamburg paint manufacturer is resolved to enter this market with a newly developed paint system.
The yacht paint sector is a small but nice market and, according to Mr Michael O. Grau, the owner of company Mankiewicz Gebr. & Co., it is ripe for new products. Germany´s largest privately owned industrial paint factory, located in Hamburg-Wilhelmsburg with just under 600 employees, is known worldwide for its special paints for the automotive and aviation markets as well as its market leadership in the industrial market. In the last year alone, the company´s turnover amounted to € 110 million.