AkzoNobel completes BASF industrial coatings sale

By Kasia Patel
Published: Thursday, 15 December 2016

The industrial coatings acquisition by AkzoNobel will give the company access to end markets such as construction, domestic appliance and wind energy, with the benefits of the transaction expected to be fully felt by 2018.

Paint and coatings producer AkzoNobel has completed the acquisition of BASF's global industrial coatings business based on a deal value of €475m.

The transaction includes the associated technology, patents and trademarks in addition to two...

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