AkzoNobel
| AkzoNobel NV
|
|
|---|---|
 |
|
| legal form | NV (Naamloze Vennootschap) |
| ISIN | NL0013267909 |
| founding | 1994 |
| Seat |
Amsterdam , Netherlands
|
| management | Thierry Vanlancker ( CEO ) |
| Number of employees | 34,500 |
| sales | 9.3 billion . EUR (2018) |
| Branch | Chemistry, paints, varnishes |
| Website | www.akzonobel.com |
| As of December 31, 2018 | |
AkzoNobel is a large global company with a focus on paint manufacturing and specialty chemicals. The headquarters are in the Netherlands. Until 2014, AkzoNobel was the largest manufacturer of paints and coatings in the world in terms of sales. In fiscal 2018, AkzoNobel was third behind PPG Industries and Sherwin-Williams .
history
In the Netherlands in 1911 (in Ede ) the synthetic fiber factory Algemeene Kunstzijde Unie NV (AKU) was founded. This merged in 1969 with the Koninklijke Zwanenberg Organon (KZO), established in Hengelo in 1918 - the new group was called Akzo. In the same year KZO had started to participate in the American salt producer International Salt .
In 1992 the Greek paint manufacturer Vivechrom was acquired.
In 1994 Akzo and the Swedish company Nobel Industries merged . Since then, the company has operated as "AkzoNobel".
In 1998 AkzoNobel bought the English company Courtaulds Ltd. Their products included industrial paints and various types of man-made fibers. The man-made fibers business, along with AkzoNobel's own activities, was sold to CVC Capital Partners under the name Acordis .
On March 12, 2007, the Organon pharmaceuticals division was sold to Schering-Plow for 11 billion euros .
In August 2007 it was announced that AkzoNobel would take over the company ICI for around twelve billion euros . This purchase was completed on January 2, 2008. The Adhesives and Electronic Materials divisions of ICI were sold to Henkel in April 2008 for four billion euros . Akcros was also sold to GIL Investments .
In April 2017 AkzoNobel announced that it would split into two companies in order to fend off a takeover offer by PPG Industries . Two independent companies were to be created from the Paints and Coatings and Specialty Chemicals divisions. In October 2018, the Specialty Chemicals division , which was spun off under the name Nouryon , was sold to Carlyle .
Business areas
AkzoNobel has two main business areas:
The decorative paints division, which is organized regionally, focuses on the manufacture and marketing of consumer products. Products are paints, glazes, coatings and auxiliary products that are used in private households and are also sold through hardware stores and specialist shops. Brands such as Sikkens, Lasol, Dulux, Xyladecor, Molto and Moltofill are representative of the product range.
In the area of industrial paints and coatings , industrial paints, paints and coating systems are developed, produced and marketed. This includes the manufacture of products for the coating of ships, aircraft and cars as well as repair systems for car bodies. The portfolio also includes products for coating metals, metal packaging and powder coatings.
In the specialty chemicals division , which was sold in October 2018 , various basic and specialty chemicals were produced, such as: B. Organic peroxides, chlorine, caustic soda, ethylene amine, carbon disulfide and chemicals for paper manufacture.
German locations
In Germany, the group has locations in Arnsberg , Hamburg , Hilden , Cologne , Offenbach am Main , Oldenburg , Reutlingen and Stuttgart .
Key figures
The total turnover in 2014 was 14.3 billion euros. In 2018, total sales fell to 9.3 billion euros after the separation from the chemicals business. After the acquisition of ICI, the company had around 60,000 employees (as of May 2008); at the end of 2018, 34,500 people were still employed. The company's shares are listed on the Amsterdam Euronext stock exchange.
Web links
- The Group website (Engl.)
- Group website (German)
- Website of the AkzoNobel wholesale organization for paints (Eng.)