Adhesives & Sealants Headlines / Coatings / News / Mergers/Acquisitions / Finished Adhesives and Sealants

AkzoNobel Completes Sale of Building Adhesives Business to Sika

AkzoNobel recently announced it has finalized the €260 million (~ $352 million) divestment of its Building Adhesives business to Sika AG. Under the terms of the deal, all of Building Adhesives’ approximately 550 employees have transferred to the new owners, along with the business’ two manufacturing facilities (in Rosendahl, Germany, and Damville, France) and its products and brands.

The sale of Building Adhesives is reportedly in line with the strategic review of the business’ fit within AkzoNobel’s portfolio, whereby the focus of the Decorative Paints business is on the strong strategic paints positions the company has in Europe and the growth markets of Asia and South America.

For more information, visit www.akzonobel.com.

 

Did you enjoy this article? Click here to subscribe to Adhesives & Sealants Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

ASI April 2014 Photo Gallery

Our April 2014 issue is now available!

Podcasts

ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

Adhesives & Sealants Industry Magazine

ASI April 2015 cover

2015 April

Our April issue includes previews of the ASC Spring Convention and Expo and the European Coatings Congress and Show, as well as articles detailing end-use applications in transportation, raw materials and equipment. Check it out today!

Table Of Contents Subscribe

Better Jobs

Is the economy prompting you to consider leaving your job for a better one?
View Results Poll Archive

THE ADHESIVES STORE

handbook-sealant-tech.gif
Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

ASI 2014 Buyers GuideASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 

STAY CONNECTED

facebook_40px twitter_40  youtube_40pxlinkedin_40 google+ icon ASI 30px

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.