AkzoNobel Acquires Full Ownership of Powder Coatings JV
AMSTERDAM — Akzo Nobel N.V. has completed the acquisition of the remaining 25% stake in Akzo Nobel Boya Sanayi ve Ticaret A.S., a leading powder coatings joint venture in Turkey. The company has now acquired full ownership, having previously held the majority share.
Following a successful partnership, the deal will help to consolidate AkzoNobel’s strong position in powder coatings in Turkey, one of Europe’s largest powder coatings markets.