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The Becker Group, the Swedish multi‐national paint company who took over Goodlass Wall & Co Ltd of Liverpool in 1984, have agreed to enter a joint venture in the field of consumer and trade paint operations with AB Alfort & Cronholm, another leading Swedish paint manufacturer. A joint venture company will be established under the name Alcro‐Becker AB. It will be jointly owned by Becker and Alfort & Cronholm on a 50/50 percentage basis.