AkzoNobel leading in decorative paints and woodcare in Spain with the acquisition of Xylazel S.A.
Akzo Nobel N.V. has acquired Xylazel S.A. (Xylazel), a 100% subsidiary of Pharma Mar S.A. (PHM). With this acquisition AkzoNobel strengthens its business and becomes a leader in the decorative paints market in Spain. It also means the company is now the leader in the country's woodcare segment and has strengthened its position in metal care. The transaction marks the 45-year anniversary of AkzoNobel on the Spanish market.
Xylazel has about 100 employees, with one production facility in Porriño. Revenue for 2017 totaled approximately €20 million.
Other news from the department business & finance

Get the chemical industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.
Most read news
More news from our other portals
Last viewed contents

MRI scanning assists with next generation battery design - Technique will enable faster evaluation of new battery materials

Thinnest feasible membrane produced

Shimadzu Schweiz GmbH - Muttenz, Switzerland

LC 300 | UHPLC systems | PerkinElmer

BASF and Stena Recycling partner in recycling of electric vehicle batteries in Europe - BASF will further process and refine black mass in its battery recycling prototype metal refinery in Schwarzheide, Germany
Warwick Chemicals Ltd Awards $1.9M Order to Rockwell Automation
