Welcome Guest to Coatings World    Login || Register
Last Updated Wednesday, October 7 2015

AkzoNobel Strengthens Packaging Coatings Portfolio

Published July 21, 2010
Related Searches: Industrial Coatings Business Operation
AkzoNobel has agreed to acquire the Swedish-based company Lindgens Metal Decorating Coatings and Inks, including its majority stake in the Server Boya joint venture in Turkey.

The deal will add technology and expertise to AkzoNobel's own packaging coatings activities, particularly in the market for inks printed on the outside of two-piece metal packaging.

"This is an excellent acquisition which boosts our capability and is perfectly in line with our growth strategy," said Leif Darner, the AkzoNobel board member responsible for performance coatings. "It will strengthen our position in metal packaging decoration and enhance our presence in important markets such as Russia, Turkey and Australia."

"As well as reinforcing our position in metal packaging, this transaction will also enable us to offer a number of unique technologies and support our customers with a comprehensive inks and coatings portfolio," said Conrad Keijzer, managing director of AkzoNobel's industrial coatings business."

Closing is expected to take place in the third quarter of this year.

Established in 2005, Lindgens, which achieved 2009 sales of approximately €25 million, manufactures and markets complete system solutions of coatings and inks for the metal packaging industry.

blog comments powered by Disqus

Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
Siltech Corporation
225 Wicksteed Avenue
Toronto, ON, M4H 1G5
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
View Profile
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
View Profile
AZ Electronic Materials Co., Ltd.
No. 458-6, Sinsing Road Hu Kou Township Hsinchu Country 303, Taiwan
Hsinchu Country, Taiwan, 303
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
View Profile
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
View Profile
Follow Coatings World On