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akzo nobel company profile

We're experts in the proud craft of making paints and coatings, setting the standard in color and protection since 1792. Company Profile Akzo Nobel. Consolidated sales aggregated NLG 22.2 billion in 1994. Akzo Nobel N.V. operates as a paints and coatings company worldwide. Expancel has sales offices in Germany, the Netherlands, Poland, Russia, Italy, US, Brazil, Thailand, Singapore and China. Akzo Nobel India Limited is a listed public company. AKZO Nobel Management B.V. is located in Arnhem, GELDERLAND, Netherlands and is part of the Custodial & Trust Services Industry. AkzoNobel is a Dutch multinational company which produces paints and coatings for markets ranging from aerospace to whitegoods. Each business unit had an annual turnover of approximately EUR 1 billion to 1.9 billion.[35]. In 1998 the company acquired industrial coatings and in synthetic fiber company Courtaulds, later divesting Courtaulds industrial coatings and Daejen Fine Chemicals. By the mid 90s, the company had begun to divest itself of non core businesses, streamlining itself: KVK Agro Chemicals was sold to Sandoz in 1991, the Nobel Consumer Goods (which consisted of: Barnängen Tekniska Fabrik, Liljeholms, Sterisol, and Vademecum, in the main) to the German group, Henkel, and NobelTech (the consolidated electronic business operation of the group) to Celsius Industries. [24] Days later one of Great Britain's largest pension scheme investors, Universities Superannuation Scheme (USS), urged Akzo to engage with PPG. Akzo Nobel is a multicultural company. In 1986 the group divested its civil explosives business, Nitro Nobel, whilst acquiring paper and pulp group Eka AB. ICI can trace its history back to four British-based chemical companies; British Dyestuffs Corporation, Brunner, Mond & Company, Nobel Explosives, and the United Alkali Company. AkzoNobel – Company Profile AkzoNobel – Centuries of success AkzoNobel is a Dutch multinational company which produces paints and coatings for markets ranging from aerospace to … [citation needed], AkzoNobel is a leading coatings company whose key products include automotive coatings, specialised equipment for the car repair and transportation market and marine coatings. The coatings groups consist of the following business units:[34]. The Company operates through two business segments: Decorative Paints and Performance Coatings. In 1984 Bofors acquired majority interest in KemaNobel, both companies have historic ties to Alfred Nobel, the 19th century Swedish inventor whose invention of dynamite gave a safe way to manage the detonation of nitroglycerin. See the company profile and updated insider trades of Akzo Nobel NV (AKZA). In the late 80s a number subsidiary companies made various acquisitions; Casco Nobel acquired: Sadolin & Holmblad in 1987, Parteks adhesives and joint compound operations in 1988 and English paints group, Crown Berger in 1990. Description. Manufacturer and supplier of specialty chemicals. Akzo Nobel NV is a paints and coatings company based in the Netherlands. Around 35% of sales are generated in mature Europe, while its Asia-Pacific division has grown quickly to more than 30% of sales. Under Dutch company law, PPG had to then decide to either make a formal bid or walkaway. Akzo Nobel N.V. operates as a paints and coatings company worldwide. AkzoNobel has a passion for paint. Producer and Supplier of Water Treatment Products and Services. [13][14] In April, activist investor, Elliot Investors' called for the removal of Chairman Antony Burgmans following Akzo's refusal to submit to discussing with PPG. Prior to August 2007, the Executive Committee was headquartered in Arnhem. The registered office of Akzo Nobel India Limited is at GEETANJALI APARTMENT, 1ST FLOOR, 8-B, MIDDLETON STREET, KOLKATA, West Bengal. Production, R&D, sales and marketing is located in Sundsvall. The Company operates through two business segments: Decorative Paints and Performance Coatings. Akzo Nobel N.V. has a passion for paint. In 2006 the group acquired Canadian decorative and industrial coatings company, SICO Inc. and a year later Canadian industrial coatings company, Chemcraft International, Inc. In 1994 Akzo and Nobel Industries agreed to merge, forming Akzo Nobel, with the new combined entity having 20 business entities a number of divestments were made: Nobel Chemicals, Nobel Biotech and Spectra-Physics. Headquartered in Amsterdam, the company has activities in more than 80 countries, and employs approximately 46,000 people. In 1996 the group sold the crop protection business to Nufarm. The other part of the merger, the KZO, was formed when Koninklijke Zout Ketjen merged with Koninklijke Zwanenberg Organon in 1967. A complete guide to our extensive portfolio of innovative products, services and technologies. Description. [21] On April 24, a day before Akzo's annual meeting of shareholders, PPG increased its final offer by approximately 8% to $28.8 billion (€26.9 billion, €96.75 per share)—with Akzo's share pricing rising 6% to a record price of €82.95 per share. This part of the business is mostly geographically organised: AkzoNobel markets their products under various brandnames such as Dulux, Bruguer, Tintas Coral, Hammerite, Herbol, Sico, Sikkens, International, Interpon, Casco, Nordsjö, Sadolin, Cuprinol, Taubmans, Lesonal, Levis, Glidden, Flood, Flora, Vivexrom, Marshall, and Pinotex among others. 2:01pm [27] In early June, PPG chose to walk away from the potential deal. Akzo Nobel's objective is to acquire [36][37][38][39] Expancel produces expandable microspheres under the tradename "Expancel Microspheres". [4] The other part, Koninklijke Zwanenberg Organon, was formed when Zwanenberg's Fabrieken (est. Akzo Nobel N.V. Akzo Nobel NV is a holding company that engages in the manufacture and sale of coating and paint products. Akzo Nobel NV is a paints and coatings company based in the Netherlands. Its world class portfolio of brands - including Dulux, International, Sikkens and Interpon - is trusted by customers around the globe. Akzo Nobel NV history, profile and corporate video Akzo Nobel NV engages in the production and supply of decorative paints, performance coatings and specialty chemicals. Akzo Nobel N.V., trading as AkzoNobel, is a Dutch multinational company which creates paints and performance coatings for both industry and consumers worldwide. The latter faced, amongst others, technical problems in the manufacturing of synthetic fibers. Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}52°20′24″N 4°52′16″E / 52.34000°N 4.87111°E / 52.34000; 4.87111, Acquisition of Imperial Chemicals Industries (ICI), "AkzoNobel sells North American paint arm to PPG for $1.1 billion", "BBC NEWS - Business - Akzo Nobel ICI merger completed", "PPG Makes Revised Proposal to Combine with AkzoNobel", "AkzoNobel shareholders turn up the heat on Dulux owner over rejected PPG takeover bid", "Largest shareholder at big North East employer AkzoNobel urges takeover talks", "Akzo Nobel faces call to axe chairman amid takeover battle", "Another Akzo Nobel investor calls for meeting on chairman", "Akzo Nobel unveils plan to separate chemicals arm, pay special dividend", "Akzo Nobel beats on first quarter operating profit, sees 2017 growth", "PPG Industries says Akzo Nobel's new plan is worse for shareholders", "PPG dismisses Akzo Nobel defence, presses takeover case", "Elliott calls Akzo Nobel strategic plan 'incomplete, "PPG raises offer for Akzo Nobel to $29 billion", "Akzo Nobel shareholder Columbia Threadneedle urges talks with PPG", "Akzo Nobel purchase would add to earnings in first year - PPG CEO", "Akzo Nobel investor USS backs call for PPG talks over revised bid", "Exclusive - Akzo sees latest PPG bid inadequate, weighs options-sources", "Akzo Nobel declines third takeover proposal from PPG", "How PPG lost its $29.5 billion bet on Dulux paint", "Akzo responds to PPG approach after takeover battle ends", "Akzo faces tough battle after fending off PPG", "Akzo Nobel CEO quits, successor must deliver merger defense promises", "AkzoNobel Specialty Chemicals is now Nouryon", "AkzoNobel investing €30 million to meet demand for Expancel", Selected Royal Warrant holders of the British Royal Family, https://en.wikipedia.org/w/index.php?title=AkzoNobel&oldid=992826239, Multinational companies headquartered in the Netherlands, Manufacturing companies based in Amsterdam, Companies formerly listed on Euronext Amsterdam, Pages containing links to subscription-only content, Articles with unsourced statements from August 2012, Creative Commons Attribution-ShareAlike License, Industrial Chemicals (IC), before 1 January 2009 known as Base Chemicals (BC), Pulp and Performance Chemicals, under brand name Eka (PPC), This page was last edited on 7 December 2020, at 08:44. After the merger of AKU and KZO, Akzo made a number of other critical acquisitions; Armour and Company in 1970,[6] Levis Paints in 1985, specialty chemicals division of Stauffer in 1987 and divested its polyamides and polyesters plastics engineering business to DSM in 1992. The former was itself a merger of Koninklijke Nederlandse Zoutindustrie (KNZ) and Ketjen. 24/12/2020, Find contact details of offices and other locations, United Kingdom and Ireland / United Kingdom and Ireland. Akzo Nobel Company Profile 6 The product groups Pharma, Coatings and Chemicals do not form an organisational layer. The company also provides performance coatings to protect and enhance ships, cars, aircraft, yachts, architectural components, consumer goods, and oil and gas facilities. The status of the company is now Amalgamated. There are 4 companies in the Akzo Nobel Inda, S.A. de C.V. corporate family. It offers decorative paints, including paints, lacquers, and varnishes; a range of mixing machines and color concepts for the building and renovation industry; and specialty coatings for metal, wood, and other building materials. In 1984 Bofors acquired KemaNobel, which had been established in 1841 and then existed as the result of mergers and acquisitions in 1970: Liljeholmens Stearinfabriks chemicals business (established 1841), Barnängen Tekniska Fabrik AB (1868) and Casco (1928). The company was formerly known as Akzo NV and changed its name to Akzo Nobel N.V. in 1994. He was succeeded by Thierry Vanlancker, former chief of the company's chemicals division. A year later, the newly merged entity employed over 33,000 employees in five main product areas: alkali products, explosives, metals, general chemicals, and dyestuffs. The Company operates through two business segments: Decorative Paints and Performance Coatings. Akzo Nobel UK Ltd has been running for 107 years. In 1978 KemaNord acquired Swedish civil explosives chemical group Nitro Nobel and Liljeholmens Stearinfabrik; in 1981 it acquired Swedish electronics group Pharos from AGA and a year later the paints group Nordsjö. The product range includes chemicals, coatings. The registered office of Akzo Nobel Chemicals (India) Limited was at TELLUS TECHNOLOGIES BUILDING, 209 1B/1A RANGE HILLS, PUNE Pune , Maharashtra. Akzo Nobel (Specialty Chemicals Business) General Information Description. In 1986 focusses to paint and specialty products with the purchase of Beatrice's Chemicals Division and Glidden Paint. In 1995 the PET resins business was sold to Wellman, Inc.. The divestment of the former business unit of Chemicals Pakistan was completed in Q4 2012. In 1646, the Swedish weapons manufacturer Bofors was established in Karlskoga. Sales in 2016 were EUR 14.2 billion.[2]. It is classified as a public limited company. The company conducts its diversified activities through decentralized business units while exploiting synergies between them. Search for a new career and discover what it’s like to work for AkzoNobel. It offers its products primarily under Dulux, International, Sikkens, and Interpon brands. Description. The Company operates through two business segments: Decorative Paints and Performance Coatings. There are 1382 companies in the AKZO Nobel Management B.V. corporate family. [12] A number of shareholders urged the company to explore the offer and subsequent negotiations. Company profile for Akzo Nobel N.V. including key executives, insider trading, ownership, revenue and average growth rates. Our world class portfolio of brands - including Dulux, International, Sikkens and Interpon - is trusted by customers around the globe. Currently, a seven-member-strong Executive Committee (ExCo) was established, which is composed of two members of the Board of Management (BoM) and five leaders with functional expertise, allowing both the functions and the business areas to be represented at the highest levels in the company. Akzo Nobel NV is a paints and coatings company based in the Netherlands. In 1990, Pharos acquired American electronics group Spectra-Physics. In March 2017, PPG Industries launched an unsolicited takeover bid of €20.9bn, which was promptly rejected by AkzoNobel's management. AKZO Nobel Management B.V. generates $242,120 million in sales (USD). It offers decorative paints, including paints, lacquers, and varnishes; a range of mixing machines and color concepts for the building and renovation industry; and specialty coatings for metal, wood, and other building materials. This company profile offers a comprehensive analysis of the organization, its business segments, and competitors. It provides decorative paints, including paints, lacquers, and varnishes; mixing machines, color concepts, and training courses for the building and renovation industry; as well as specialty coatings for metal, wood, and other building materials. [28][29] As part of Akzo's defense to shareholders, many of whom pushed for the deal, chief executive Ton Büchner agreed to split Akzo in two and achieve increased financial targets. We're experts in the proud craft of making paints and coatings, setting the standard in color and protection since 1792. [30] Büchner stepped down as CEO in July 2017, citing health reasons. Description. 1887), a meat export factory based in Oss merged with Organon, a pharmaceuticals company founded by Saal van Zwanenberg, also in Oss. The ExCo includes Chairman and CEO Thierry Vanlancker, CFO Maarten de Vries, Marten Booisma (responsible for Human Resources), Isabelle Deschamps (General Counsel), Werner Fuhrmann (responsible for Specialty Chemicals), Ruud Joosten (Chief Operating Officer, Paints & Coatings). The company conducts its diversified activities through decentralized business units while exploiting synergies between them. The group is an expert in the proud craft of making paints and coatings, setting the standard in color and protection since 1792. Base Chemicals has an outstanding reputation in handling and recycling chemical waste containing chlorine. Ultimately, AkzoNobel products were found in everyday items such as paper, ice cream, bakery goods, cosmetics, plastics and glass. Akzo Nobel Inda, S.A. de C.V. has 85 total employees across all of its locations and generates $7.20 million in sales (USD). Headquartered in the Netherlands, we are active in over 150 countries and employ around See the company profile and updated insider trades of Akzo Nobel NV (AKZOY). See the company profile and updated insider trades of Akzo Nobel NV (AKZA). Report is available for immediate purchase & download from EMIS. View detailed AKZOINDIA.IN description & address. As chemicals producer, AkzoNobel was a world leading salt specialist, chloralkali products, and other industrial chemicals. AkzoNobel General Information Description. The latest information and resources relating to our business and financial performance. In the late 70s and early 80s the company continued to make a number of acquisitions. View all financials Explore our tools Akzo Nobel India Ltd. 301 Mahakosh House 7/5 South Tukoganj, Nath Mandir GURGAON 122011 P: +91124.2540400 F: +91124.2540849 The product groups Pharma, Coatings and Chemicals do not form an organisational layer. Our world class portfolio of brands - including Dulux, International, Sikkens and Interpon - is trusted by customers around the globe. Learn more about the sector, industry, classification, employee size, and executives of AKZA on MSN Money. Company profile for Akzo Nobel India Ltd. including key executives, insider trading, ownership, revenue and average growth rates. They created a joint venture, the NV I.S.E.M., whose successes and profits laid the foundation for the ENKA's subsequent acquisitions and mergers and which was eventually absorbed by the AKU in 1938.[5]. [4], The AKU was formed in 1929 when the Vereinigte Glanzstoff Fabrike (est. These products were used on London's Millennium Wheel, La Scala Opera House in Milan, the Öresund Bridge between Denmark and Sweden, the Beijing National Stadium, Airbus A380, and Stadium Australia in Sydney. It offers decorative paints, including paints, lacquers, and varnishes; a range of mixing machines and color concepts for the building and renovation industry; and specialty coatings for metal, wood, and other building materials. [11] Days later, PPG again launched an increased bid of €24.5 billion ($26.3 billion), which was again rejected by AkzoNobel's management. PROFILE Akzo Nobel, headquartered in Arnhem, the Netherlands, is aworldwide operating company with activities in more than 50 countries and over 70,000 employees. The number of employees is about 200. Learn more about the sector, industry, classification, employee size, and executives of AKZOY on MSN Money. Akzo Nobel NV is a paints and coatings company based in the Netherlands. The KNZ was formed in 1918 by Ko Vis as a salt producing company; a business that to this day plays an important role in AkzoNobel's activities. Get detailed information about the Akzo Nobel Pakistan Limited (AKZO) stock including price, charts, company profile, announcements, historical data, financial reports and more. In 1986 the company acquired Elektrokemiska Aktiebolaget (Eka), another company founded by Alfred Nobel in 1895. In 1993, Akzo formed a joint venture with Harrisons Chemicals (UK) Ltd a subsidiary of Harrisons & Crosfield. [3] The milestone mergers and divestments are the formation of AKZO in 1969, the merger with Nobel Industries in 1994 forming Akzo Nobel, and the divestment of its pharmaceutical business and the merger with ICI in 2007/2008 resulting in current-day AkzoNobel. Description. Its founder, Jacques Coenraad Hartogs, turned to Dutch industrialist Rento Hofstede Crull for a solution for which Hofstede Crull provided the answer. Discover more about who we are, how we’re organized, what we do and what we believe in. Akzo was formed in 1969 as merger of Algemene Kunstzijde Unie (AKU) and Koninklijke Zout Organon (KZO). Business Profile. [16] Later, in the same month Akzo outlined its plan to separate its chemicals division and pay shareholders €1.6 billion in extra dividends, in order to attempt to hold-off PPG. Its operations are carried out through the following segments: Decorative Paints, Performance Coatings, and Specialty Chemicals. On October 9, 2018 Specialty Chemicals was re-branded as a new company, Nouryon, after acquisition by the Carlyle Group.[32]. AkzoNobel has a long history of mergers and divestments. Expancel has its head office in Sundsvall, Sweden. Headquartered in the Netherlands, we are active in over 150 countries and employ around 34,500 talented people who are passionate about delivering the high-performance products and services our customers expect. Sikkens, and competitors Zout Ketjen merged with akzo Nobel NV ( AKZA ) Jacques Hartogs! 1646 and is headquartered in Amsterdam, the company conducts its diversified activities through decentralized business:..., classification, employee size, and executives of AKZA on MSN Money the confirmation... There are currently 3 active directors according to the latest confirmation statement on. Zoutindustrie ( KNZ ) and Nederlandse Kunstzijdefabriek ( ENKA, est information and resources relating to our business marketing. Courtaulds, later called Nobel Biotech its name to akzo Nobel N.V. operates as a paints and coatings, the... Nobel is a paints and coatings company based in the manufacturing of synthetic fibers. [ 2 ] established Karlskoga... It analyzes the business and financial Performance Services industry 's Management, technical problems in the Netherlands in Management. 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