Active portfolio management

We’re actively looking for ways to improve our portfolio in pursuit of synergies and scale, and to redeploy capital towards growing our core Coatings businesses. Central to this is the strategic review of our portfolio – with current focus on Deco Asia – which we launched in late 2024. The first major milestone in this process was reached during 2025 with the sale of Akzo Nobel India Limited to the JSW Group, one of India’s leading diversified conglomerates. The transaction included AkzoNobel’s decorative paints and liquid coatings business currently localized in India, while the India Powder Coatings business and the International Research Center remain under full AkzoNobel ownership and continue as part of the company’s global network.

Our portfolio review is ongoing and the focus remains on Paints businesses where AkzoNobel holds a sub-scale position. This is primarily evident in the Asia Pacific region, where current valuation levels present attractive monetization opportunities.