ARNHEM, The Netherlands - Akzo Nobel announced the acquisition of ALTANA Chemie AG's Rhenacoat S.A. coil-coatings business in France. Terms were not disclosed.
The business is part of ALTANA's Coatings & Sealants business unit, and had sales of approximately 11.6 million euros in 2003. The purchase includes coil-coatings production facilities in Montataire, France.