Posted on 20.12.2019 |
AkzoNobel Wraps Up Mapaero Acquisition
Akzo Nobel N.V. has completed the acquisition of French aerospace coatings manufacturer Mapaero, which was first announced in July.
The deal will strengthen
AkzoNobel’s global position in aerospace coatings, notably in the structural
and cabin coating sub-segments. Combining the world-class product ranges from
both companies will also enable AkzoNobel to provide customers with a much
wider portfolio of innovative and sustainable solutions – as well as
contributing directly to its Winning together: 15 by 20 strategy.
Established in 1992 and specializing in sustainable water-based and advanced eco-friendly products, Mapaero operates a production facility in France and has around 140 employees.