AkzoNobel and Kansai Paint announced have mutually agreed not to proceed with the company’s previously announced acquisition of Kansai’s paints and coatings activities in Africa. Commenting on the decision, AkzoNobel CEO, Greg Poux-Guillaume, said, “It’s disappointing that this intended acquisition cannot move forward, but we remain committed to our strong businesses and leading brands in […]
AkzoNobel Acquires African Paints and Coatings Business from Kansai Paint
AkzoNobel announced it is strengthening its African footprint after reaching an agreement with Kansai Paint to acquire its paints and coatings activities in the region. Completion, which is subject to regulatory approvals, is expected during the course of 2023. Present in 12 countries in Africa, Kansai Paint has regional consolidated revenue of around €280 million […]
PPG Kansai Automotive Finishes Receives Nissan North America Supplier Award
PPG (NYSE:PPG) announced that PPG Kansai Automotive Finishes (PKAF), its joint venture with Kansai Paint, has received the Nissan 2017 Regional Monozukuri Spirit Award from the Nissan Group of North America for the second consecutive year. The award recognizes suppliers for their exceptional use of philosophies and processes related to “Monozukuri” – the spirit of […]