AkzoNobel completes divestment of Decorative Paints North America
April 1, 2013
AkzoNobel has today finalized the $1.05 billion sale of its North American Decorative Paints business to US-based PPG Industries, Inc. The deal was announced on December 14, 2012.
AkzoNobel continues to have a strong presence in North America through its Performance Coatings and Specialty Chemicals businesses, with combined 2012 revenues of close to $3 billion and around 5,000 employees.