
Akzo Nobel to begin portfolio review with initial focus on Deco South Asia
2024-10-09 10:19
Akzo Nobel is conducting a strategic review of its portfolio in order to redeploy capital towards growing its core coatings businesses.
The initial focus will be on its decorative paints positions in South Asia. AkzoNobel has a premium, highly profitable position in India in particular, with a strong track record of growth. Given this unique market position, the company is well-placed to participate in the further development of the highly dynamic South Asian decorative paints market, which is ripe for consolidation.
The review will explore various strategic options ranging from partnerships or joint ventures through to mergers or divestments.
Says AkzoNobel CEO, Greg Poux-Guillaume: “Our focus on enhancing our coatings businesses globally is underpinned by a strong portfolio of high-performing brands and technologies. This strategic review represents a key step towards focusing our portfolio on positions of differentiating scale in key coatings markets, which will help to accelerate our profitable growth.”
More Hzinfo
- The New Dawn of Industrial E-Commerce: AI and Cross-Border Trade Leading the Digital Transformation of the Industrial Chain
- Industrial e-commerce is steadily propelling China’s e-commerce onto a more prominent global stage.
-
2025-04-02
- Recommended products:Dispersible Polymer Powders SMARGO® 309
- SMARGO® 309 is a multi-purpose dispersible polymer powder for dry mix mortars, specifically suited for thermal insulation integrated board system. It is based on a hard copolymer of vinylacetate and
-
2025-04-02
- AkzoNobel Launches Sikkens Autowave Optima for Vehicle Refinish Market
- AkzoNobel Vehicle Refinish North America introduces new generation waterborne basecoat to enhance sustainability and improve body shop productivity.
-
2025-04-02