Citation
(2006), "Akzo Nobel to acquire ICI's German industrial wood finishes business", Pigment & Resin Technology, Vol. 35 No. 1. https://doi.org/10.1108/prt.2006.12935aab.007
Publisher
:Emerald Group Publishing Limited
Copyright © 2006, Emerald Group Publishing Limited
Akzo Nobel to acquire ICI's German industrial wood finishes business
Akzo Nobel to acquire ICI's German industrial wood finishes business
Akzo Nobel, Sassenheim, The Netherlands, is to boost its coatings activities in Germany with the acquisition of the ICI Group's wood finishes business Zweihorn Gmbh, which is based in Hilden. The two companies have reached an agreement for Akzo Nobel to acquire all shares in Zweihorn, which has 55 employees and recorded a 2004 turnover of approximately EUR 18 million. Financial terms have not been disclosed.