April 1, 2013
AkzoNobel has today finalized the $1.05 billion sale of its North American Decorative Paints business to US-based PPG Industries, Inc. The deal was announced on December 14, 2012.
AkzoNobel continues to have a strong presence in North America through its Performance Coatings and Specialty Chemicals businesses, with combined 2012 revenues of close to $3 billion and around 5,000 employees.
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AkzoNobel is a leading global paints and coatings company and a major producer of specialty chemicals. We supply industries and consumers worldwide with innovative products and are passionate about developing sustainable answers for our customers. Our portfolio includes well-known brands such as Dulux, Sikkens, International and Eka. Headquartered in Amsterdam, the Netherlands, we are consistently ranked as one of the leaders in the area of sustainability. With operations in more than 80 countries, our 50,000 people around the world are committed to excellence and delivering Tomorrow's Answers Today(TM).
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Corporate Media Relations, tel. +31 20 502 7833
Contact: Jeroen Pul
Corporate Investor Relations, tel. +31 20 502 7854
Contacts: Jonathan Atack and Sheryl Stokes
