Leading paint manufacturer Jotun expands globally with IFS

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Leading paint manufacturer Jotun expands globally with IFS Applications

IFS (http://www.ifsworld.com/), the global enterprise applications company, announces that world-leading paint manufacturer Jotun (http://www.jotun.com/) has decided to expand its use of IFS Applications™ (http://www.ifsworld.com/en/solutions/ifs-applications/) to additional sites in Europe, Asia, and the Americas. The agreement includes licenses worth approximately NOK 19 million. With 69 companies, 36 production facilities, and a presence in more than 90 countries, Norway-based Jotun supplies paints and coatings that protect and decorate surfaces in the residential, shipping, and industrial markets. Since 2003, Jotun has expanded its use of IFS Applications to support business -critical processes such as manufacturing, financials, procurement, and supply chain to more than 20 countries worldwide. To support its ambitious growth targets and to maximize process efficiency and transparency, Jotun has decided to extend its central IFS ERP solution to include an additional 2,000 users. “After many years of working together with IFS, we are preparing for further growth, also in new countries around the world,” Jotun CEO Morten Fon said. “To achieve this in the most efficient way possible, we need an agile and reliable business system that can offer us a central platform and a unified way of working. We are convinced that IFS Applications will help us reach this goal.” “We are very excited to be able to support Jotun’s future expansion as a leading manufacturer in the paint industry,” IFS Scandinavia CEO Glenn Arnesen said. “We believe that IFS Applications is uniquely positioned to offer broad ERP capabilities through a central, global solution and look forward to continuing our long and mutually beneficial collaboration.” Contact Information Oliver Pilgerstorfer, Corporate Communications. Telephone: 44 1494 428900, press@ifsworld.com Frédéric Guigues, Investor Relations. Telephone: 46 8 58 78 45 00, frederic.guigues@ifsworld.com About Jotun The Jotun Group is a matrix organisation divided into seven regions responsible for the sale of Decorative Paints and Performance Coatings (Marine, Protective and Powder Coatings). The company has 36 production facilities in 21 countries, 69 companies in 44 countries and is represented in over 90 countries around the world. For more information, visit: www.jotun.com. About IFS IFS (http://www.ifsworld.com/en/)™ is a globally recognized leader in developing and delivering business software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change. IFS is a public company (XSTO: IFS) that was founded in 1983 and currently has over 2,600 employees. IFS supports more than 2,200 customers worldwide from local offices and through partners in more than 60 countries. For more information visit: www.ifsworld.com. Follow us on Twitter: @ifsworld (http://twitter.com/ifsworld) Visit the IFS Blogs on technology, innovation and creativity: http://blogs.ifsworld.com/ IFS discloses the information provided herein pursuant to the Financial Instruments Trading Act (1991:980) and/or the Securities Markets Act (2007:528). The information was submitted for publication on June 2, 2014 at 9 a.m. (CEST).

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Duke Energy's Cooling Tips Amid Florida Cold Front

Updated Category News Views 205

Weather Whiplash in Florida Prompts Energy Tips Florida's residents are in for a gust of chilly air as a cold front sweeps across the state, sending temperatures plummeting from the balmy 80s to brisk 30s and 40s in northern pockets. Central Florida ain't missing out on the chill either, expecting to dip a good dozen degrees below its usual seasonal warmth. Heads up,...

Continue Reading
MV Transportation Celebrates Leadership Nomination for FTA

Updated Category News Views 102

MV Throws Support Behind Aesch for FTA Role In this wild world where public transit feels the heat from financial burdens, MV Transportation's recent move to support Mark Aesch for the Federal Transit Administration's top spot isn’t just a nod of approval—it's a full-blown trumpet blast. They're not just doling out a basic endorsement here; they're practically waving...

Continue Reading
Terra Kaffe's Big Win with Oprah's Endorsement

Updated Category News Views 98

Terra Kaffe Hits the Jackpot with Oprah Sometimes, destiny has a way of handing out golden tickets, and for Terra Kaffe, receiving a nod from Oprah Winfrey's revered list of Favorite Things for 2026 is nothing short of that. I mean, you can't underestimate the pull Mrs. O has. Her endorsement isn’t just another celebrity pat-on-the-back, it’s a megaphone blaring...

Continue Reading
First Horizon's $25M Bet: New Center Transforms Houston

Updated Category News Views 137

New Markets Tax Credits: A Game Changer First things first, if you're thinking this is some typical charitable write-off, think again. First Horizon Bank (NYSE: FHN) is deep in the mix of something pretty transformative in the world of finance and community support. They're not just throwing money at a problem and hoping it sticks. Nope, we're talking real strategy with a...

Continue Reading
Advanta's Game-Changer: Acquiring Misr Hytech to Expand in Africa

Updated Category News Views 48

Advanta's Strategic Move into Africa Alright, let's cut to the chase. Advanta is making a big splash with its acquisition of Misr Hytech, a move that's going to shake things up in Africa's agricultural sector. This isn't just another merger to gloss over with your morning coffee. We're talking about a deal that's supposed to wrap up by January 31, 2027, bringing together...

Continue Reading
The Melt Expands with Key Texas Franchise Deal

Updated Category News Views 119

Throwing Down the Gauntlet: The Melt Expands If there's one thing I've learned after decades watching these restaurant chains multiply like rabbits it’s this: when a veteran gets involved, you perk up. The Melt has done just that by roping in Syed Ahmad—a name that actually means something in this game—to open eight new locations in the Lone Star State. It isn't...

Continue Reading
Innovative Rotating Kitchen Organizer Up for Licensing

Updated Category News Views 121

Dusting Off the Corners: A Fresh Spin on Kitchen Storage Just when you think there's nothing new under the sun when it comes to storing your kitchen gadgets, here comes an invention straight out of Billings, Montana. It's called The Rotating Kitchen Organizer, a nifty contraption that's all set to turn those dead corners into prime real estate. How many times have we...

Continue Reading
Euroandinos Paita Closes Consent for 2037 Notes

Updated Category News Views 59

Port Strategy and Financial Implications Terminales Portuarios Euroandinos Paita S.A., nestled in the Peruvian transport sector, has been tight-rope walking through its debt landscape. Announcing a successful consent solicitation on November 13, 2026, they've taken a significant step towards reconfiguring their long-term financing game. This puppet show of paperwork...

Continue Reading
SOCSA: The Future of Safety in Confined Spaces?

Updated Category News Views 68

Autonomous Tech Meets Safety Regulations Some days innovation hits like a ton of bricks, and here we go again—this time with a gizmo aiming to shake up the safety game in confined spaces. Enter the SOCSA, the Self Operating Confined Space Attendant, designed by a seasoned agriculture worker who's had a ringside seat to enough OSHA rule breaches to fill a book. But ain't...

Continue Reading
Maritime Safety Urged After New Orleans Vessel Incident

Updated Category News Views 44

The Mississippi River saw a bit of drama near the Port of New Orleans when a river cruise turned into an unexpected rescue operation. Listen up, because incidents like this bring maritime safety right to the forefront; we can't ignore the waters that shape our daily lives here in the Big Easy. Navigating the Waters Safely Some 150 souls found themselves in a pickle when...

Continue Reading

Top 5 Most Recently Viewed Articles

Alpine Power Systems Attains Essential ISO Certifications

Updated Category News Views 99

Alpine Power Systems Achieves ISO Recertification Alpine Power Systems is thrilled to announce its successful recertification for three crucial ISO standards: ISO 9001, ISO 14001, and ISO 45001. This accomplishment follows thorough audits conducted by independent third-party experts, showcasing Alpine's commitment to upholding the highest standards related to quality,...

Continue Reading
Understanding McDonald's Stock Options and Investor Sentiment

Updated Category News Views 192

Investor Interest in McDonald's Stock Options Investors are showing a notable bullish sentiment towards McDonald's. With a significant amount of capital being put to work, the stock options market indicates a mixed approach among major players. Recent Options Trading Insights Analyzing recent trade history for McDonald's (MCD), there have been eight trades identified....

Continue Reading
The Inspiring Growth Journey of GE Aero Over Five Years

Updated Category News Views 67

GE Aero's Impressive Growth Over Five Years GE Aero has made significant strides in the stock market, outperforming broader market indices by 20.79% annually and achieving an impressive average annual return of 35.34%. With a current market capitalization soaring to $203.00 billion, GE Aero stands as a testament to successful investment strategies. Transforming $100 Into...

Continue Reading
PayPoint's Recent Share Acquisition Reveals Strategic Moves

Updated Category News Views 173

PayPoint plc's Strategic Share Acquisition PayPoint plc has made a significant move in its corporate strategy by purchasing its own shares, demonstrating a proactive approach to enhancing shareholder value. This action reflects the company's commitment to its investors and its confidence in its business prospects. Recently, PayPoint announced the acquisition of ordinary...

Continue Reading
Earnings Preview: Standard BioTools Faces Crucial Report

Updated Category News Views 195

Watching the Earnings Horizon: Standard BioTools We’re rolling into another earnings season, and right at the forefront is Standard BioTools (NASDAQ:LAB). Set to unveil its quarterly numbers on February 24, 2026, it's like waiting for the other shoe to drop—will they surprise us, or is this just another disappointment? Analysts have set the bar low with an expected...

Continue Reading