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 […]
AkzoNobel Introduces a New Generation Waterborne Basecoat
Launching first in select EMEA markets, followed by North America. AkzoNobel announced the launch of Autowave Optima, the new generation one-stop application waterborne basecoat that supports bodyshops in delivering the perfect combination of productivity and sustainability while providing the quality and performance for which AkzoNobel’s premium basecoats are renowned. The product is launching first in […]
AkzoNobel Vehicle Refinishes Extends Partnership with LV= General Insurance in the UK to Supply Collision Repair Network
AkzoNobel Vehicle Refinishes announced it has extended its partnership with LV= General Insurance (LV=), which is part of Allianz, for five years, underscoring the value of AkzoNobel’s sustainable products within the Sikkens portfolio and the benefits they bring to the LV= and Allianz collision repair networks, comprising over 400 collision repair shops across the UK. […]
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