AkzoNobel Completes Acquisition of BASF's Industrial Coatings Business
AMSTERDAM - AkzoNobel has finalized the acquisition of BASF's global Industrial Coatings business, which supplies a range of products for industries including construction, domestic appliances, wind energy and commercial transport. The acquisition strengthens AkzoNobel’s position as a global supplier in coil coatings.
The transaction includes relevant technologies, patents and trademarks, as well as two manufacturing plants in the United Kingdom and South Africa. Approximately 400 employees from BASF's Industrial Coatings business join AkzoNobel, bringing expertise to innovate and serve an expanded customer base worldwide.