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Tag Archives: AkzoNobel
AkzoNobel Opens Global Center in the UK
AkzoNobel opened a new £10 million ($13.0 million USD) global research and development center at its Slough site in the United Kingdom. The location is near to the company’s flagship Dulux Academy. The facility will house 120 specialists and act … Continue reading
Posted in News, Today's News
Tagged AkzoNobel, commercial glass, glass, glass companies, glazing, global glass, UK
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Akzonobel to Acquire Grupo Orbis and Expand Position in South and Central America
AkzoNobel has reached an agreement to acquire Colombia-based paints and coatings company Grupo Orbis. Completion is subject to regulatory approvals and is expected by the end of this year or early 2022. Financial details were not disclosed. “This is an excellent intended acquisition which aligns … Continue reading
Posted in News, Today's News
Tagged AkzoNobel, Grupo Orbis, New Nautical Coatings, Titan Paints
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Coatings Companies in Talks About Possible Merger
Just months after fending off a takeover bid by PPG, AkzoNobel is now in merger discussions with U.S.-based coatings company Axalta. Akzo and Axalta produce coatings for a variety of markets, including architectural building products such as metal panels, curtainwall … Continue reading
PPG Ends AkzoNobel Takeover Bid
PPG has withdrawn its $27.6 billion proposal to combine with AkzoNobel and will not pursue a public offer for all the issued and outstanding shares of the Dutch company. “We were hopeful throughout this process that AkzoNobel’s Boards would see … Continue reading
PPG-AkzoNobel Drama Continues
PPG’s attempt to acquire AkzoNobel appears far from over, despite the latter company rejecting a third takeover offer earlier this month. A group of AkzoNobel shareholders, led by activist hedge fund Elliott Advisors, sued the Dutch company Monday over its … Continue reading
