AkzoNobel to Acquire Lankwitzer Lackfabrik’s Aluminum Wheel Liquid Coatings Business
AkzoNobel recently announced that it will bolster its performance coatings portfolio after reaching an agreement to acquire the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH. Subject to regulatory approvals, completion is expected before the end of 2022.
Lankwitzer’s Rims and Wheel business operates out of a manufacturing site in Leipzig, Germany. Its products are approved for use by car manufacturers such as Daimler, Audi, VW, Opel, Fiat and Renault. In addition to the Leipzig facility, Lankwitzer’s wheel coatings business operates laboratories in Germany (Leipzig) and Türkiye.