21-Sep-2018 - Akzo Nobel nv

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.

Facts, background information, dossiers
  • Xylazel
  • Akzo Nobel
  • decorative paints
  • acquisitions
More about AkzoNobel
More about Xylazel