AkzoNobel announced it has finalized the acquisition of BASF’s global Industrial Coatings business that was announced in February. The industrial coatings business supplies a range of products for industries including construction, domestic appliances, wind energy and commercial transport. The transaction includes relevant technologies, patents and trademarks, as well as two manufacturing plants in the United […]
AkzoNobel Acquires BASF’s Industrial Coatings Business
AkzoNobel today has made an agreed offer to acquire BASF’s Industrial Coatings business for €475 million ($528.2 million). The transaction would include technologies, patents and trademarks, as well as securing supply to customers worldwide. Two manufacturing plants, one in Deeside, England, and one in Vanderbijlpark, South Africa. would also be transferred to AkzoNobel. The business […]