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AkzoNobel agrees $1.35 billion Asia sale to Nippon
AkzoNobel agreed Oct. 5 to sell decorative paints in seven Asian countries to Nippon Paint for $1.35 billion enterprise value, a 21x EBITDA multiple.
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About AkzoNobel
Akzo Nobel N.V., stylised as AkzoNobel, is a Dutch multinational company which creates paints and performance coatings for both industry and consumers worldwide. Headquartered in Amsterdam, the company has activities in more than 150 countries. AkzoNobel is the world's third-largest paint manufacturer by revenue after Sherwin-Williams and PPG Industries.
Everything about AkzoNobel →- Country
- Netherlands
- Headquarters
- Amsterdam, Wuppertal
- Inception
- 1994
- Website
- https://www.akzonobel.com/