media release

Date Set For Bijholt Acquisition

Akzo Nobel has signed a letter of intent to acquire all activities of an important distributor and sales representative for paints and lacquers in Holland.

Akzo Nobel has signed a letter of intent to acquire all activities of the Bijholt Group, an important distributor and sales representative for paints and lacquers in the north-east of the Netherlands.

The Bijholt Group, headquartered in Groningen, has had a strong relationship with Akzo Nobel for decades, especially as a sales representative for the Sikkens brand.

The acquisition is due to come into effect on April 1, with all employees of Bijholt transferring to Akzo Nobel’s Decorative Coatings Europe business.

(Released: January 21, 2003)

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