AkzoNobel Vehicle Refinishes has concluded its From Start to Refinish: The Productivity Drive 2025 roadshow – an initiative designed to bring the company’s latest innovations directly to body shops, distributors, and partners across 12 countries in the Europe, Middle East and Africa (EMEA) market. Over 10 weeks, AkzoNobel’s two fully branded roadshow trucks covered 43 […]
BASF Reported Launching Next Round of Bidding for Coatings Business
A smaller group of potential acquirers expected to participate next month. The sale of BASF’s coatings business is moving to the next round of offers from a short list of bidders in August according to a report in Bloomberg. According to the report, based upon anonymous sources familiar with the matter, AkzoNobel and several private […]
Fredrik Westin Named CFO at AkzoNobel
AkzoNobel NV announced it has appointed Fredrik Westin as chief financial officer, effective Jan. 1, 2026, replacing Maarten de Vries, who will retire after completing his second four-year term. Since May 2020, Westin, 52, served as CFO and executive vice president at Autoliv Inc., the automotive safety systems company He has more than 25 years […]
AkzoNobel to Sell AkzoNobel India to JSW Group
Akzo Nobel N.V. has signed an agreement to sell its shareholding in Akzo Nobel India Limited (ANIL) to the JSW Group, one of India’s leading diversified conglomerates. The transaction is based on a total enterprise value of approximately €1.4 billion ($1.64 billion), representing an EV/EBITDA multiple of 22x, and includes AkzoNobel’s liquid paints and coatings […]
AkzoNobel Vehicle Refinishes and Solera Partner in Europe to Enable Data-Driven Sustainability Across Collision Repair Industry
AkzoNobel’s Vehicle Refinishes business has announced a new partnership with Solera, a global leader in vehicle lifecycle management software, to help body shops and insurers accurately measure and reduce CO₂ emissions linked to vehicle repairs – supporting smarter, more sustainable decision-making. Building on the success of its CO₂eRepairCalculator and Carbon Pulse tools, AkzoNobel is now […]
BASF Reported to Start Process to Sell Coatings Business
Sale expected to attract interest from other coatings companies along with private equity firms. BASF is reported to have started the process to sell its coatings business that could value the business unit at €6 billion ($6.8 billion) that produces automotive OEM and refinish coatings along with decorative paints. As CollisionWeek reported in February, BASF […]
AkzoNobel Launches Vehicle Refinish Roadshow Across Europe
AkzoNobel Vehicle Refinishes is launching a multi-country roadshow across Europe starting today in Madrid, Spain. The From Start to Refinish: The Productivity Drive 2025 initiative will visit 12 countries across major European markets with approximately 40 stops, concluding in the United Kingdom on June 26. The roadshow will showcase the company’s newest products, including the […]
AkzoNobel Launches Next-Generation Waterborne Basecoat in North America
AkzoNobel announced today the North American launch of Sikkens Autowave Optima, a new generation waterborne basecoat for vehicle refinishing. The product, which was first introduced in select European, Middle East, and African markets earlier this year, aims to enhance sustainability while significantly improving body shop productivity. The new basecoat technology delivers up to 50% faster […]
AkzoNobel Forms Partnership with Collision Vision Software Platform
AkzoNobel has announced a new strategic collaboration with Collision Vision, a software platform that helps collision repair shops manage industry compliance requirements. The platform connects collision shops with industry providers and offers a centralized view of OEM training and certification status, tool compliance, and health and safety services. “We are excited to collaborate with AkzoNobel […]
AkzoNobel Vehicle Refinishes Teams with BBVA to Accelerate Net Zero Strategies for Sustainable Repair Network Partners in Spain
AkzoNobel’s Vehicle Refinishes has signed a collaboration agreement with Banco Bilbao Vizcaya Argentaria (BBVA) to provide Sustainable Repair Network partners with customized financial products to help accelerate their transition towards more sustainable body shop operations. AkzoNobel’s certified Sustainable Repair Network partners in Spain will benefit from BBVA’s tailored approach to investments in sustainable technologies with […]
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