AMSTERDAM — AkzoNobel N.V. is set to increase its presence in the North American yacht coatings market after agreeing to acquire New Nautical Coatings, owner of the premium Sea Hawk brand. Financial details were not disclosed.
The privately owned company is one of the top players in yacht coatings in North America. Operating a specialized production facility out of Clearwater Beach, Florida, the business is mainly active in North America, with sales also being generated in the Caribbean and Australasia. The Sea Hawk brand enjoys high customer loyalty among yacht owners, shipyards and maintenance service providers based on its premium quality and product performance.