AkzoNobel Assumes Full Control in Mexico Joint Venture
December 9, 2010
Will continue to use Comex's distributor's for its car refinish brands.
AkzoNobel Car Refinishes Americas has bought out its joint venture partner, Comex, to assume full responsibility for the marketing and distribution of the Sikkens, Lesonal, U-Tech and Wanda brands in Mexico. During the fifteen year joint venture period, AkzoNobel solidified its presence and advanced refinish technologies with key businesses in the Mexican market. This has been achieved through a network of Comex concessionaries and more than 200 independent distributors. Access to AkzoNobel's range of car refinish brands will be available through the current chain of Comex locations and network of independent distributors.