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Old 19-12-2012, 12:26   #1
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PPG Coatings buys AkzoNobel

I wonder if this will affect anything??? As you may know AkzoNobel makes Sikkens and Interlux products............maybe a good fit, maybe not???

Akzo Nobel Sells North American Paints Unit to PPG for $1 Billion - WSJ.com
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Old 19-12-2012, 18:27   #2
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Re: PPG Coatings buys AkzoNobel

Looks like the Sikkens products go with the purchase, and Interlux (and any other marine products) stay behind.
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Old 21-12-2012, 06:09   #3
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Re: PPG Coatings buys AkzoNobel

Quote:
Originally Posted by Tortuga's Lie View Post
... AkzoNobel makes Sikkens and Interlux products...
I don't think the sale included those lines.
"AkzoNobel announces the divestment of its North American Decorative Paints business to PPG Industries for the value of $1.05 billion (801 million euros)," it said in a statement released in Amsterdam.

***

"... The acquisition includes all AkzoNobel North American architectural coatings manufacturing and distribution facilities, paint stores, product lines and employees related to the production, sale and distribution of architectural coatings in the United States, Canada and the Caribbean.

Leading brands included are GLIDDEN®, FLOOD®, LIQUID NAILS®, SICO® and CIL®.
PPG also will license the following brands: DULUX®, DEVOE® architectural coatings, and SIKKENS® architectural wood products ..."

http://www.buildingonline.com/news/viewnews.pl?id=11943
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