AkzoNobel has finalized the €260 million divestment of its Building Adhesives business to Sika AG. The deal was announced on August 8, 2013.
Under the terms of the deal, all of Building Adhesives' approximately 550 employees have transferred to the new owners, along with the business' two manufacturing facilities in Rosendahl (Germany) and Damville (France) and its products and brands.
The sale of Building Adhesives is in line with the strategic review of the business' fit within AkzoNobel's portfolio, whereby the focus of the Decorative Paints business is on the strong strategic paints positions we have in Europe and the growth markets of Asia and South America.
AkzoNobel’s Paint the Future India challenge awards two startups
Two startups in India have won Paint the Future awards and the chance to continue working together with AkzoNobel to accelerate their solutions. The winning submissions answered the company’s call for innovative ways to enhance the digital consumer experience for Dulux paints in India. The ... more
AkzoNobel announces €20 million investment and creates new jobs in France
A €20 million investment has been announced by AkzoNobel to increase and improve production at two of its sites in France. Around 30 new jobs will be created. A total of €15 million will be spent on the company’s aerospace coatings facility in Pamiers, which was taken over following the Map ... more
AkzoNobel announces Gregoire Poux-Guillaume as new Chief Executive Officer
AkzoNobel has announced that Gregoire Poux-Guillaume will become the company’s new Chief Executive Officer (CEO) as of November 1, 2022. He will succeed Thierry Vanlancker, who has been CEO and member of the Board of Management since 2017, and whose term of office is coming to an end. Grego ... more
AkzoNobel is a leader in the coatings industry and a major producer of specialty chemicals. more
Akzo Nobel Powder Coatings GmbH
More businesses around the world choose our powder coatings than any other equivalent product. We’re also a leader in powder coatings technology and a top supplier to the appliance, architectural, automotive, furniture and IT markets, amongst others. more
Sika acquires Duochem Inc. in Canada
Sika acquires Duochem Inc., a privately owned company that develops, manufactures and sells polymer flooring and waterproofing products for the construction industry. Duochem Inc. is located in Boucherville (Quebec) with annual sales of approximately CHF 9 million. Sika AG has through its ... more
Sika increased sales by 17.2% in local currencies in the first nine months of the year. The company witnessed double-digit growth in all regions apart from Europe South. The result for the third quarter was also pressured by continually rising raw material prices and currency effects. Sales ... more
Sika: New Regional Manager Asia/Pacific
Sika has appointed Heinz Gisel as new Regional Manager Asia/Pacific with effect from January 1, 2012. Gisel will join Sika's Group Management as of the same date. The 46-year-old Swiss has worked for Sika for twenty years. Since 2009 he has been General Manager responsible for China.The Boa ... more
Sika AG, located in Baar, Switzerland, is a globally active company supplying the specialty chemicals markets. It is a leader in processing materials used in sealing, bonding, damping, reinforcing and protecting load-bearing structures in construction (buildings and infrastructure construct ... more
