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Loctite starts as an independent distributor, then moves towards a more captive distribution, purchasing the company outright, or make it fully owned. When Loctite acquires a new distributor, they start them off with just a few core products, eventually moving them to direct sales off all Loctite’s products, depending on the market. Some, not many distributors are limited to the amount of products sold in a given distribution area. Loctite holds 100% equity in all countries except; Norway, Indonesia, People’s Republic of China, Taiwan, Thailand, and Venezuela, which are not allowed to have private held companies...
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