 Home > Chemicals Industry > Rubber Plastic News > AkzoNobel to acquire Lankwitzer Lackfabrik's liquid coatings business for aluminium wheels

AkzoNobel to acquire Lankwitzer Lackfabrik's liquid coatings business for aluminium wheels

 Last Update: 2022-08-17
 Source: Internet
 Author: User

Tags

platinum coatings

growing paint

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

AkzoNobel will strengthen its high-performance coatings portfolio after reaching an agreement to acquire the wheel liquid coatings business of Lankwitzer Lackfabrik Gm.

Lankwitzer's rim and wheel business operates from a production site in Leipzig, Germa.

"Acquiring this attractive business will complement our existing powder coatings portfolio and expand the range of innovative products we offer," explains Michael Friede, AkzoNobel's Chief Commercial Officer - Performance Coatin.

The deal of interest is also another clear sign that the company continues to make good progress on its strategic ambitions, he add.

Commenting on the takeover proposal, .

In addition to the factory in Leipzig, Lankwitzer's wheel coatings business - with a growing presence in China - has laboratories in Germany (Leipzig) and Turk.

The deal follows AkzoNobel's series of acquisitions over the past two years, including Grupo Orbis in Latin America, Titan Paints in Spain and Portugal, New Nautical Coatings in the US and, most recently, African Paints, which intends to acquire Kansai Paints and paint busine.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

Coumarone-Indene-Resins 63393-89-5

CAS No.: 63393-89-5

industrial grade

$1.2/KG EXW

Butylated Hydroxytoluene (BHT) 128-37-0

CAS No.: 128-37-0

industrial grade

$1.2/KG EXW

Isobutene 115-11-7

CAS No.: 115-11-7

industrial grade

$1.2/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.