Akzo Nobel to buy BASF India’s industrial coatings business

19 Feb 2016

Akzo Nobel India has agreed to buy BASF India’s industrial coatings business for 475 million euro to strengthen its position in various markets. BASF India’s industrial coatings business had sales of 300 million euro in 2015 and supplies coatings for coils, furniture foil, and panels, as well as having applications in commercial transport and wind energy.

AkzoNobel India (previously known as ICI India) is engaged in manufacturing and marketing of paints, speciality chemicals and adhesives.

Related Akzo Nobel India Ltd. Links:

Akzo Nobel India Share Price

2182.60 2.30 (0.11%) May 14, 18:01
1 Year Price Chart
Peers
Company Name CMP
Asian Paints 2773.60
Berger Paints India 752.65
Kansai Nerolac Paint 555.10
Akzo Nobel India 2182.60
Shalimar Paints 92.25
View more..
Sensex vs Akzo Nobel India
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback