Mergers, Acquisitions & Exits

AkzoNobel boosts North American presence with New Nautical Coatings purchase

>> , by David Robinson, Arlene Sloan2021-01-05T15:27:00

akzonobel-center_5

In a multimillion investment, global paint and coatings manufacturer AkzoNobel NV said it would significantly increase its market presence in North America and the Caribbean with the acquisition of New Nautical Coatings Inc, the owner of the premium Sea Hawk coatings brand.

While no transaction figures were divulged about the takeover, 2019 turnover for New Nauitcal Coatings was reported as…

To continue reading, please see the subscription options below for accessing our Premium Content

This is premium content

You must be a subscriber and signed-in to access this content.

IBI Magazine_Website_promo_July

To continue, subscribe to IBI Plus

Benefits include:

  • Breaking industry news as it happens
  • Unlimited access to all IBI Plus Premium content, including:
  • Industry statistics / Market reports / Company insights / In-depth segment reports
  • Our archive of more than 38,000 news items and features
  • Save articles in your personal library under ’My Account’

Subscribe Today to continue reading

to gain access to IBI Plus Premium content.

Alternatively, REGISTER to receive IBI Daily News & Breaking News alerts for free.

Already a subscriber? Sign-in now at the top of this page.