IFLR1000

AkzoNobel €475 million acquisition of BASF’s industrial coatings business

17/2/2016
Private acquisition
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€ 475 million

$ 496 million

Completed

17/2/2016

Overview:

  • AkzoNobel has acquired BASF’s industrial coatings business for €475 million. 
  • In addition to technologies, trademarks and patents, the acquisition includes a manufacturing plant in the United Kingdom and a manufacturing plant in South Africa.
  • AkzoNobel also gained 400 employees from BASF's Industrial Coatings business. 

Rani Mehta - Journalist 

Jurisdictions:

South Africa
Netherlands
United Kingdom

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Industrials and manufacturing

Firm:
De Brauw Blackstone Westbroek

Party: Akzo Nobel (Acquirer)

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