Akzo India to sell powder coating business for Rs 2,073 cr

Akzo Nobel India received a binding offer from its parent company to acquire its powder coatings business and international research centre for a total of ₹2,143 crore. Additionally, the parent company will sell intellectual property rights of its decorative paints business in several countries to Akzo Nobel India for ₹1,152 crore.

Feb 24, 2025 - 16:30
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Akzo India to sell powder coating business for Rs 2,073 cr
Akzo Nobel India received a binding offer from its parent company to acquire its powder coatings business and international research centre for a total of ₹2,143 crore. Additionally, the parent company will sell intellectual property rights of its decorative paints business in several countries to Akzo Nobel India for ₹1,152 crore.

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