AkzoNobel in talks to buy BASF's industrial coatings business
BASF's industrial coatings unit supplies pigments, binders, and additives
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Dutch specialty chemicals company AkzoNobel is holding talks to acquire BASF’s industrial coatings business. “AkzoNobel confirms it is in discussions with BASF with regards a potential purchase of their industrial coatings business,” said the company, without giving the details of nature of the talks.
The move is a part of AkzoNobel’s strategy to drive operational excellence and organic growth including the possibility to pursue value generating, bolt-on acquisitions.
The move is a part of AkzoNobel’s strategy to drive operational excellence and organic growth including the possibility to pursue value generating, bolt-on acquisitions.
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First Published: Feb 11 2016 | 2:13 PM IST
