English German Group Successes & milestones Holdings Contact Impressum Jobs & careers 2014: RIH is the majority owner of the paint giant Helios As of today, the Austrian Ring International Holding is the new majority owner of the Slovenian Helios Domžale. It has succeeded in realizing the first privatization in a long list of other deregulation projects in Slovenia. With a total turnover of around 400 million euros, a joint production capacity of almost 100,000 tons of wet and powder coatings and a total of 15 production sites, RIH is now among the top 10 European paint manufacturers. Headquarters of the Helios Group in Domžale near Ljubljana Aerial view of the Helios production area in Domžale Signing the sales contract The Helios Group with its headquarters in Slovenia (Domžale near Ljubljana) is one of the 15 largest paint manufacturers in Europe and has had a new majority owner since today, the Austrian Remho Beteiligungs GmbH, the parent company of the entire coating division of "Ring" International Holding AG ( RIH). To finance the acquisition, RIH has brought two of the best-known financial partners on board, the Blackstone subsidiary GSO and Franklin Templeton. Both build on the group's amazing track record and place their trust in the management team. This is confirmed again by the good performance of the RIH Lackgruppe in the first few months of 2014. Contrary to the general trend on the paint market, the group's companies were able to assert themselves successfully on the market and will close the first quarter with a large profit margin. Influenced by the good economic success of RIH, the Helios Group will also close the first quarter of this year with long-awaited record results after a disappointing 2013. With the closing, RIH will grow to a total of 3,600 employees who do their best every day and together generate a turnover of around 500 million euros. Around 100,000 tons of wet and powder coatings are produced annually at 24 locations, 140,000 tons of resins are developed, almost 110,000 tons of decorative coatings are manufactured and 30,000 tons of steel are processed. This makes the group one of the largest European paint manufacturers and also plays a very important role in the international arena. The companies in the office supplies division are also successfully defending their leading positions and making the group the market leader for lever mechanisms in Europe and the largest European manufacturer of ring binder mechanisms. Return Ring International Holding AG Alserbachstrasse 14-16 | Liechtenstein Palace | 1090 Vienna | Austria office@ringholding.com | +43/1/532 28 01-0 If you continue to use the website, we will assume your consent.OK