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11 headlines · 9 outlets · 2026-10-04 → 2026-10-07 · Wikipedia ↗ · 🔒 Follow
AkzoNobel said on Monday it has agreed to sell its Southeast Asian decorative paints business to Nippon Paint for $1.35 billion, completing a review of its Asian decorative paints portfolio.
The Dutch company says it will now focus on its merger with US coatings maker Axalta
Het Japanse bedrijf neemt de verfactiviteiten over in onder meer Vietnam, Indonesië en Australië. De gezamenlijke omzet in deze activiteiten lag in 2025 op $291 mln.
Tokyo, Oct. 5 (Jiji Press)–Japan’s Nippon Paint Holdings Co. said Monday it will acquire Dutch rival Akzo Nobel NV’s decorative paints business in Southeast Asia and Oceania for about 1.35 billion dollars. The acquisition, covering Vietnam, Malaysia, Singapore, Indonesia, Thailand, Australia and…
Japan's No. 1 paint company had previously sought to buy Akzo's entire residential and commercial paints unit for $8.4 billion.
Nippon Paint Holdings Co. is buying Akzo Nobel NV’s decorative paints business in Southeast Asia for $1.35 billion, acquiring a regional slice of a business it had sought to buy in full.
