Akzo Nobel Car Refinishes has strengthened its European distribution network by taking over the business activities of its Swiss importer Graf Lack.
Graf Lack has distributed Sikkens® and Lesonal® car refinishes products within Switzerland for more than 50 years and employs more than 30 people.
“Switzerland was one of the last countries in the Western European market where we were represented by an importer,” said Rinus Rooseboom, General Manager of Akzo Nobel Car Refinishes.
“This acquisition will make an important contribution towards strengthening our distribution capability in the region of Germany, Austria and Switzerland, which we see as one of our main strategic markets in Western Europe."
to due diligence, transfer to the newly established Akzo Nobel Car Refinishes AG, Wetzikon, is expected to take place in early January 2006.