M&A Deal Summary

Akzo Nobel Acquires V.Powdertech Co.

On November 27, 2017, Akzo Nobel acquired chemicals company V.Powdertech Co.

Acquisition Highlights
  • This is Akzo Nobel’s 6th transaction in the Chemicals sector.
  • This is Akzo Nobel’s 1st transaction in Thailand.

M&A Deal Summary

Date 2017-11-27
Target V.Powdertech Co.
Sector Chemicals
Buyer(s) Akzo Nobel
Deal Type Add-on Acquisition

Target

V.Powdertech Co.

Thailand, Thailand
V.Powdertech Co. Ltd. is a manufacturer of powder coatings, supplying a range of products for domestic appliances, furniture and general industrial applications, and currently employing more than 250 employees.

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Buyer(S) 1

Buyer

Akzo Nobel

Amsterdam, Netherlands

Category Company
Founded 1646
Sector Chemicals
Employees33,700
Revenue 10.7B EUR (2024)
DESCRIPTION

Akzo Nobel is a producer of decorative paints, performance coatings and specialty chemicals. Akzo Nobel was founded in 1646 and is based in Amsterdam, Netherlands.


DEAL STATS #
Overall 8 of 12
Sector: Chemicals M&A 6 of 10
Type: Add-on Acquisition M&A Deals 7 of 10
Country: Thailand M&A 1 of 1
Year: 2017 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-04 Disatech SAS

Limoges, France

Disa Technology specializes in the manufacture of self-adhesive vinyl, polyester and polycarbonate films used on aircraft, vehicles, agricultural machinery and other equipment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-27 Nouryon

Amsterdam, Netherlands

Nouryon is a specialty chemical provider markets worldwide rely on essential chemistry in the manufacture of everyday products such as paper, plastics, building materials, food, pharmaceuticals, and personal care items. Nouryon is based in Amsterdam, Netherlands.

Sell €10.1B