Acquiring Company
Nippon Paint Group
Acquired Company
AkzoNobel
Tokyo
IndiaManufacturingAerospaceBuilding MaterialDescription
Nippon Paint has agreed to acquire AkzoNobel's South-east Asian decorative paints business for US$1.35 billion. The deal includes operations in multiple countries including Vietnam and Malaysia. AkzoNobel will focus on its merger with Axalta while expecting net cash proceeds of about US$1 billion from the sale. The completion of the deal is anticipated around mid-2027.
Fundz sees it the moment Nippon Paint Group makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired AkzoNobel?
AkzoNobel was acquired by Nippon Paint Group, based in Tokyo. The deal was reported on October 5, 2026. Nippon Paint Group is a global leader in paint and adjacencies businesses—No. 1 in Asia and No. 4 worldwide—delivering innovative solutions that create high added value for customers. Nippon Paint Group is privately held.
When did Nippon Paint Group acquire AkzoNobel?
Nippon Paint Group's acquisition of AkzoNobel was reported on October 5, 2026. Nippon Paint has agreed to acquire AkzoNobel's South-east Asian decorative paints business for US$1.35 billion. The deal includes operations in multiple countries including Vietnam and Malaysia. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does AkzoNobel do?
AkzoNobel is a global leader in the decorative paints and performance coatings industry. They are dedicated to delivering sustainable solutions that maximize the performance of their products. It is privately held, operating in Manufacturing, and is based in India.
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