News & Press Releases
Below you will find our latest news and press releases.
News
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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.
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Color and community were the focus of attention in Porte Alegre today when AkzoNobel gave a vibrant demonstration of its commitment to developing a strong leadership position in the Brazilian decorative paints market.
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The successful transformation of Dulux into a major international brand has earned AkzoNobel’s Decorative Paints business a top UK marketing award.
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AkzoNobel’s revamped Glidden paint brand has won a top US marketing accolade for its Glidden Gets You Going campaign.
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The global Let’s Color campaign launched by AkzoNobel’s Decorative Paints business reaches France today, when employees and members of the local community will be brightening up drab buildings in Aulnay-sous-Bois.
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AkzoNobel has won approval to supply coatings for the global redesign of all showrooms operated by Italian-based truck and commercial vehicle manufacturer Iveco.
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AkzoNobel has agreed to sell its Crown Paints decorative paints business in the United Kingdom and Ireland to Endless LLP, an independent private equity house. AkzoNobel has also agreed a deal to sell two Belgian brands to Rieu Investissements S.A., a French producer of coatings.
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AkzoNobel has agreed to sell its Para® and Crown Diamond® decorative paints brands in Canada to General Paint Corp. The sale is in line with the commitment package which was agreed with the Canadian authorities in connection with AkzoNobel’s acquisition of Imperial Chemical Industries plc (ICI) in January.
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AkzoNobel today announced that Tex Gunning will join the company as Managing Director of its Decorative Paints business with effect from September 1, 2008. Mr Gunning (57) will be nominated to join the AkzoNobel Board of Management as member responsible for Decorative Paints at the company’s next AGM in April 2009.
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AkzoNobel has agreed a transfer of the lease on its London base in the UK. The company will be moving into new office space a few miles away in Portland House. The Manchester Square property—formerly ICI’s head office—will be taken over by The Boston Consulting Group. The substantial deal has been agreed just a few months after AkzoNobel’s acquisition of ICI.
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