Akzo Nobel N.V. and Axalta Coating Systems Ltd. have entered into a definitive agreement to combine in an all-stock merger of equals, creating a global coatings company with an enterprise value of approximately $25 billion.
Over time, advancements in materials science and application technologies have transformed functional industrial coatings into versatile solutions that provide an array of specialized functions.
The agreement represents a significant step in unlocking the value of BASF’s standalone businesses, as the company swiftly executes its Winning Ways strategy.
The facility is designed to accelerate the development of impactful and sustainable solutions, foster deeper customer collaboration, and drive Henkel’s long-term growth in the Asia-Pacific region.
Elevated mortgage rates, weak buyer traffic and ongoing supply-side challenges continued to act as a drag on builder confidence in August, as sentiment levels remain in a holding pattern at a low level.
Siegwerk announced it is further boosting its packaging coating business with the signing of a contract to purchase the Dutch coating specialist Allinova.