Discover more about who we are, how we’re organized, what we do and what we believe in. Akzo was formed in 1969 as merger of Algemene Kunstzijde Unie (AKU) and Koninklijke Zout Organon (KZO). It's authorized share capital is INR 126.69 cr and the total paid-up capital is INR 45.54 cr. There are 4 companies in the Akzo Nobel Inda, S.A. de C.V. corporate family. Company overview We're a leading global paints and coatings company and major producer of specialty chemicals. In 1986 the company acquired Elektrokemiska Aktiebolaget (Eka), another company founded by Alfred Nobel in 1895. Year on year Akzo Nobel India Ltd had revenues fall -8.79% from 29.18bn to 26.62bn, though the company grew net income 12.51% from 2.11bn to 2.37bn. Report is available for immediate purchase & download from EMIS. In 1986 focusses to paint and specialty products with the purchase of Beatrice's Chemicals Division and Glidden Paint. [4], The AKU was formed in 1929 when the Vereinigte Glanzstoff Fabrike (est. Description. They created a joint venture, the NV I.S.E.M., whose successes and profits laid the foundation for the ENKA's subsequent acquisitions and mergers and which was eventually absorbed by the AKU in 1938.[5]. ICI can trace its history back to four British-based chemical companies; British Dyestuffs Corporation, Brunner, Mond & Company, Nobel Explosives, and the United Alkali Company. Akzo Nobel N.V. Akzo Nobel NV is a holding company that engages in the manufacture and sale of coating and paint products. 1887), a meat export factory based in Oss merged with Organon, a pharmaceuticals company founded by Saal van Zwanenberg, also in Oss. Headquartered in the Netherlands, we are active in over 150 countries and employ around It analyzes the business and marketing strate… In 1995 the PET resins business was sold to Wellman, Inc.. AkzoNobel has a passion for paint. Around 35% of sales are generated in mature Europe, while its Asia-Pacific division has grown quickly to more than 30% of sales. Akzo Nobel India Ltd. 301 Mahakosh House 7/5 South Tukoganj, Nath Mandir GURGAON 122011 P: +91124.2540400 F: +91124.2540849 Akzo Nobel NV is a paints and coatings company based in the Netherlands. Courtaulds was merged with Akzo Nobel Fibres forming Acordis, which in December 1999 was divested CVC Capital Partners. AKZO Nobel Management B.V. generates $242,120 million in sales (USD). In 1978 KemaNord acquired Swedish civil explosives chemical group Nitro Nobel and Liljeholmens Stearinfabrik; in 1981 it acquired Swedish electronics group Pharos from AGA and a year later the paints group Nordsjö. In 2001 divests ADC optical monomers business to Great Lakes Chemical, in 2002 its printing inks business, in 2004 its catalyst business to Albemarle Corp., in 2005 its Ink & Adhesive Resins to Hexion and UV/EB Resins to Cray Valley, in 2007 its Akcros Chemicals to GIL Investments. Its world class portfolio of brands - including Dulux, International, Sikkens and Interpon - is trusted by customers around the globe. The KNZ was formed in 1918 by Ko Vis as a salt producing company; a business that to this day plays an important role in AkzoNobel's activities. [36][37][38][39] Expancel produces expandable microspheres under the tradename "Expancel Microspheres". Its founder, Jacques Coenraad Hartogs, turned to Dutch industrialist Rento Hofstede Crull for a solution for which Hofstede Crull provided the answer. The coatings groups consist of the following business units:[34]. It offers decorative paints, including paints, lacquers, and varnishes; a range of mixing machines and color concepts for the building and renovation industry; and specialty coatings for metal, wood, and other building materials primarily under the Dulux, Coral, Levis, and Flexa brands. Manufacturer and supplier of specialty chemicals. It was incorporated on 12 March, 1954 and is located in Kolkata, West Bengal. [citation needed], AkzoNobel is a leading coatings company whose key products include automotive coatings, specialised equipment for the car repair and transportation market and marine coatings. [26], In early May, Akzo again rejected PPGs bid, citing the deal still undervalued the company, as well as potentially facing antitrust risks, and not addressing other concerns such as "cultural differences". Akzo Nobel is a multicultural company. In 2007, Uniquema was sold to Croda International. Akzo Nobel has its activities grouped in three product groups, but there is no organisational structure on this level Akzo Nobel N.V. has a passion for paint. Akzo Nobel N.V., trading as AkzoNobel, is a Dutch multinational company which creates paints and performance coatings for both industry and consumers worldwide. Consolidated sales aggregated NLG 22.2 billion in 1994. The company was formerly known as Akzo NV and changed its name to Akzo Nobel N.V. in 1994. See the company profile for AKZO NOBEL NV (AKZOY), including business summary, industry/sector information, number of employees, corporate governance, key executives and salary information. Akzo Nobel N.V. operates as a paints and coatings company worldwide. Learn more about the sector, industry, classification, employee size, and executives of AKZA on MSN Money. The product range includes chemicals, coatings. The status of the company is now Amalgamated. [15] On April 13, Templeton Global Equity said it was among another group of investors calling for an extraordinary meeting of AkzoNobel shareholders to discuss Burgmans continued tenure as Chairman. [24] Days later one of Great Britain's largest pension scheme investors, Universities Superannuation Scheme (USS), urged Akzo to engage with PPG. The number of employees is about 200. A vast library of resources including a media release archive, downloadable images and contact information. [21] On April 24, a day before Akzo's annual meeting of shareholders, PPG increased its final offer by approximately 8% to $28.8 billion (€26.9 billion, €96.75 per share)—with Akzo's share pricing rising 6% to a record price of €82.95 per share. In 1993, Akzo formed a joint venture with Harrisons Chemicals (UK) Ltd a subsidiary of Harrisons & Crosfield. Get detailed information about the Akzo Nobel Pakistan Limited (AKZO) stock including price, charts, company profile, announcements, historical data, financial reports and more. [31], The company AkzoNobel is focused on paints and coatings. Base Chemicals has an outstanding reputation in handling and recycling chemical waste containing chlorine. Headquartered in Amsterdam, the company has activities in more than 80 countries, and employs approximately 46,000 people. On October 9, 2018 Specialty Chemicals was re-branded as a new company, Nouryon, after acquisition by the Carlyle Group.[32]. Akzo Nobel NV is a paints and coatings company based in the Netherlands. Company monitor. Akzo Nobel is a multicultural company. AkzoNobel is a Dutch multinational company which produces paints and coatings for markets ranging from aerospace to whitegoods. Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}52°20′24″N 4°52′16″E / 52.34000°N 4.87111°E / 52.34000; 4.87111, Acquisition of Imperial Chemicals Industries (ICI), "AkzoNobel sells North American paint arm to PPG for $1.1 billion", "BBC NEWS - Business - Akzo Nobel ICI merger completed", "PPG Makes Revised Proposal to Combine with AkzoNobel", "AkzoNobel shareholders turn up the heat on Dulux owner over rejected PPG takeover bid", "Largest shareholder at big North East employer AkzoNobel urges takeover talks", "Akzo Nobel faces call to axe chairman amid takeover battle", "Another Akzo Nobel investor calls for meeting on chairman", "Akzo Nobel unveils plan to separate chemicals arm, pay special dividend", "Akzo Nobel beats on first quarter operating profit, sees 2017 growth", "PPG Industries says Akzo Nobel's new plan is worse for shareholders", "PPG dismisses Akzo Nobel defence, presses takeover case", "Elliott calls Akzo Nobel strategic plan 'incomplete, "PPG raises offer for Akzo Nobel to $29 billion", "Akzo Nobel shareholder Columbia Threadneedle urges talks with PPG", "Akzo Nobel purchase would add to earnings in first year - PPG CEO", "Akzo Nobel investor USS backs call for PPG talks over revised bid", "Exclusive - Akzo sees latest PPG bid inadequate, weighs options-sources", "Akzo Nobel declines third takeover proposal from PPG", "How PPG lost its $29.5 billion bet on Dulux paint", "Akzo responds to PPG approach after takeover battle ends", "Akzo faces tough battle after fending off PPG", "Akzo Nobel CEO quits, successor must deliver merger defense promises", "AkzoNobel Specialty Chemicals is now Nouryon", "AkzoNobel investing €30 million to meet demand for Expancel", Selected Royal Warrant holders of the British Royal Family, https://en.wikipedia.org/w/index.php?title=AkzoNobel&oldid=992826239, Multinational companies headquartered in the Netherlands, Manufacturing companies based in Amsterdam, Companies formerly listed on Euronext Amsterdam, Pages containing links to subscription-only content, Articles with unsourced statements from August 2012, Creative Commons Attribution-ShareAlike License, Industrial Chemicals (IC), before 1 January 2009 known as Base Chemicals (BC), Pulp and Performance Chemicals, under brand name Eka (PPC), This page was last edited on 7 December 2020, at 08:44. In 1994 Akzo and Nobel Industries agreed to merge, forming Akzo Nobel, with the new combined entity having 20 business entities a number of divestments were made: Nobel Chemicals, Nobel Biotech and Spectra-Physics. A year later, the newly merged entity employed over 33,000 employees in five main product areas: alkali products, explosives, metals, general chemicals, and dyestuffs. These products were used on London's Millennium Wheel, La Scala Opera House in Milan, the Öresund Bridge between Denmark and Sweden, the Beijing National Stadium, Airbus A380, and Stadium Australia in Sydney. [16] Later, in the same month Akzo outlined its plan to separate its chemicals division and pay shareholders €1.6 billion in extra dividends, in order to attempt to hold-off PPG. Producer and Supplier of Water Treatment Products and Services. The product groups Pharma, Coatings and Chemicals do not form an organisational layer. Company Profile Akzo Nobel. Akzo Nobel UK Ltd has been running for 107 years. Akzo Nobel N.V. operates as a paints and coatings company worldwide. In the late 70s and early 80s the company continued to make a number of acquisitions. By the mid 90s, the company had begun to divest itself of non core businesses, streamlining itself: KVK Agro Chemicals was sold to Sandoz in 1991, the Nobel Consumer Goods (which consisted of: Barnängen Tekniska Fabrik, Liljeholms, Sterisol, and Vademecum, in the main) to the German group, Henkel, and NobelTech (the consolidated electronic business operation of the group) to Celsius Industries. Each business unit had an annual turnover of approximately EUR 1 billion to 1.9 billion.[35]. In 1983 the group consolidated the food systems groups of KenoGard and Kema Nobel to form Probel, later called Nobel Biotech. Akzo Nobel N.V., trading as AkzoNobel, is a Dutch multinational company which creates paints and performance coatings for both industry and consumers worldwide. It offers decorative paints, including paints, lacquers, and varnishes; a range of mixing machines and color concepts for the building and renovation industry; and specialty coatings for metal, wood, and other building materials. We're experts in the proud craft of making paints and coatings, setting the standard in color and protection since 1792. [28][29] As part of Akzo's defense to shareholders, many of whom pushed for the deal, chief executive Ton Büchner agreed to split Akzo in two and achieve increased financial targets. The Decorative Paints segment supplies a range of products, including paints, lacquers and varnishes. Akzo Nobel Inda, S.A. de C.V. is located in Apodaca, NUEVO LEON, Mexico and is part of the Paint & Coating Manufacturing Industry. Expancel is a unit within AkzoNobel. 1899) and Nederlandse Kunstzijdefabriek (ENKA, est. The former was itself a merger of Koninklijke Nederlandse Zoutindustrie (KNZ) and Ketjen. [17][18] The new Akzo strategy was dismissed by PPG, which claimed that their offer represented better value for shareholders,[19][20] supported by activist Akzo shareholder, Elliot Advisors. In 2006 the group acquired Canadian decorative and industrial coatings company, SICO Inc. and a year later Canadian industrial coatings company, Chemcraft International, Inc. The divestment of the former business unit of Chemicals Pakistan was completed in Q4 2012. There are 1382 companies in the AKZO Nobel Management B.V. corporate family. AkzoNobel has a long history of mergers and divestments. This company profile offers a comprehensive analysis of the organization, its business segments, and competitors. As chemicals producer, AkzoNobel was a world leading salt specialist, chloralkali products, and other industrial chemicals. In 1998 the company acquired industrial coatings and in synthetic fiber company Courtaulds, later divesting Courtaulds industrial coatings and Daejen Fine Chemicals. AKZO Nobel Management B.V. is located in Arnhem, GELDERLAND, Netherlands and is part of the Custodial & Trust Services Industry. Description. Under Dutch company law, PPG had to then decide to either make a formal bid or walkaway. He was succeeded by Thierry Vanlancker, former chief of the company's chemicals division. 1911) merged, forming Algemene Kunstzijde Unie (AKU). Description. [11] Days later, PPG again launched an increased bid of €24.5 billion ($26.3 billion), which was again rejected by AkzoNobel's management. Prior to August 2007, the Executive Committee was headquartered in Arnhem. The current status of Akzo Nobel Chemicals (India) Limited is - Amalgamated. Parts of the current company can be traced back to 17th-century companies. [12] A number of shareholders urged the company to explore the offer and subsequent negotiations. Ultimately, AkzoNobel products were found in everyday items such as paper, ice cream, bakery goods, cosmetics, plastics and glass. 24/12/2020, Find contact details of offices and other locations, United Kingdom and Ireland / United Kingdom and Ireland. The latest information and resources relating to our business and financial performance. In 1893 the company became majority owned by Swedish chemist Alfred Nobel. Sales in 2016 were EUR 14.2 billion.[2]. It provides decorative paints, including paints, lacquers, and varnishes; mixing machines, color concepts, and training courses for the building and renovation industry; as well as specialty coatings for metal, wood, and other building materials. By 1985 Bofors had integrated the entire KemaNobel group into itself and changed its name to Nobel Industries. [30] Büchner stepped down as CEO in July 2017, citing health reasons. The company conducts its diversified activities through decentralized business units while exploiting synergies between them. Company profile for Akzo Nobel N.V. including key executives, insider trading, ownership, revenue and average growth rates. In the early 2000s the company began another wave of divestitures, first in 2000 with its stake in Rovin's VCM and PVC business to Shin-Etsu Chemical. Akzo Nobel India Limited is a listed public company. In June 2010, AkzoNobel divested its National Starch business to Corn Products International. It offers decorative paints, including paints, lacquers, and varnishes; a range of mixing machines and color concepts for the building and renovation industry; and specialty coatings for metal, wood, and other building materials. Akzo Nobel's objective is to acquire [22] Akzo shareholder, Columbia Threadneedle Investments, urged the company to open dialogue with PPG,[23] whilst PPG claimed that the deal would add to earning within its first year. Its operations are carried out through the following segments: Decorative Paints, Performance Coatings, and Specialty Chemicals. Our world class portfolio of brands - including Dulux, International, Sikkens and Interpon - is trusted by customers around the globe. [25] On 2 May, Reuters revealed that the supervisory board of Azko was meeting to discuss how to deal with PPGs third offer, still maintaining it did not value the company highly enough. Learn more about how we color and protect the world, Get a more detailed overview about what we do, download our company brochure, Search for vacancies and jobs around the world, Find out how we’ve been changing the world since 1646, As of In 1997 ICI acquired four businesses from Unilever: National Starch, Quest, Uniqema, and Crosfield and began to divest its bulk commodity businesses. Akzo Nobel Company Profile 6 The product groups Pharma, Coatings and Chemicals do not form an organisational layer. [7], In December 2012, AkzoNobel agrees to sell its North American Architectural Coatings business to PPG Industries for $1.1 billion[8], In 2008 AkzoNobel acquired British Imperial Chemical Industries plc for $15.8 billion.[9]. Akzo Nobel NV history, profile and corporate video Akzo Nobel NV engages in the production and supply of decorative paints, performance coatings and specialty chemicals. Netherlands-based AkzoNobel is one of the world's largest paint and coatings producers. In 2007 Organon International was sold to Schering-Plough for €11 billion and AkzoNobel delisted its shares from the US NASDAQ stock market. A complete guide to our extensive portfolio of innovative products, services and technologies. Learn more about the sector, industry, classification, employee size, and executives of AKZOY on MSN Money. In March 2017, PPG Industries launched an unsolicited takeover bid of €20.9bn, which was promptly rejected by AkzoNobel's management. It offers decorative paints, including paints, lacquers, and varnishes; a range of mixing machines and color concepts for the building and renovation industry; and specialty coatings for metal, wood, and other building materials. View detailed AKZOINDIA.IN description & address. Joint ventures operated with energy companies enable Akzo Nobel to make competitive use of combined heat and power (cogeneration) to assist in the production of vacuum salt and chlorine. The latter faced, amongst others, technical problems in the manufacturing of synthetic fibers. Akzo Nobel (Specialty Chemicals Business) General Information Description. Report with financial data, key executives contacts, ownership details & and more for Akzo Nobel Coatings SRL in Romania. See the company profile and updated insider trades of Akzo Nobel NV (AKZOY). Business Profile. In 2008 Crown Paints was sold in a management buyout. Akzo Nobel is a paints and coatings company operating through Decorative Paints and Performance Coatings segments. See the company profile and updated insider trades of Akzo Nobel NV (AKZA). Akzo Nobel N.V. operates as a paints and coatings company worldwide. View all financials Explore our tools The Decorative Paints segment supplies a range of products, including paints, lacquers and varnishes. This part of the business is mostly geographically organised: AkzoNobel markets their products under various brandnames such as Dulux, Bruguer, Tintas Coral, Hammerite, Herbol, Sico, Sikkens, International, Interpon, Casco, Nordsjö, Sadolin, Cuprinol, Taubmans, Lesonal, Levis, Glidden, Flood, Flora, Vivexrom, Marshall, and Pinotex among others. Sales in 2016 were EUR 14.2 billion. The speciality chemicals group was sold in 2018 and is now named Nouryon. In 1993 ICI demerged its bioscience business, splitting into two the publicly listed companies: ICI and Zeneca—Zeneca would later go onto merge with Astra AB, forming the current pharmaceutical company, AstraZeneca. healthcare products, and fibers. View detailed AKZOF description & address. Its subsidiaries are market-driven and technology-based, serving customers throughout the world with coatings and chemicals products. Its subsidiaries are market-driven and technology-based, serving customers throughout the world with coatings and chemicals products. Akzo Nobel NV is a paints and coatings company based in the Netherlands. Production, R&D, sales and marketing is located in Sundsvall. Elliott, which has a 3.25% stake in the company, claimed it was one of a group of investors that met the Dutch legal threshold of 10% voting-share support, which is needed to call an extraordinary meeting to vote on a proposal to remove Burgmans. In 1984 Bofors acquired majority interest in KemaNobel, both companies have historic ties to Alfred Nobel, the 19th century Swedish inventor whose invention of dynamite gave a safe way to manage the detonation of nitroglycerin. The Company operates through two business segments: Decorative Paints and Performance Coatings. In 1999 the company acquired the pharmaceutical business of Kanebo, the Italian pharmaceutical manufacturer, Farmaceutici Gellini, Nuova ICC and Hoechst Roussel Vet. The board holds office in Amsterdam. Due to high revenues from the sales of its pharmaceutical business, AkzoNobel was the world's most profitable company in 2008.[33]. The Company operates through two business segments: Decorative Paints and Performance Coatings. In 1996 the group sold the crop protection business to Nufarm. In 1984 Bofors acquired KemaNobel, which had been established in 1841 and then existed as the result of mergers and acquisitions in 1970: Liljeholmens Stearinfabriks chemicals business (established 1841), Barnängen Tekniska Fabrik AB (1868) and Casco (1928). The group is an expert in the proud craft of making paints and coatings, setting the standard in color and protection since 1792. [10] which merged in 1926, forming ICI. About Akzo Nobel NV. AkzoNobel has a passion for paint. OVERVIEW - AKZO NOBEL INDIA LIMITED. It is classified as a public limited company. Report with financial data, key executives contacts, ownership details & and more for Akzo Nobel Baltics AS in Estonia. [3] The milestone mergers and divestments are the formation of AKZO in 1969, the merger with Nobel Industries in 1994 forming Akzo Nobel, and the divestment of its pharmaceutical business and the merger with ICI in 2007/2008 resulting in current-day AkzoNobel. It offers its products primarily under Dulux, International, Sikkens, and Interpon brands. The company'division specializes in specialty chemicals are used in paints, detergents, foods, plastics, cosmetics, construction, pulp & paper, pharmaceuticals, electronics, agriculture and petroleum products. The registered office of Akzo Nobel Chemicals (India) Limited was at TELLUS TECHNOLOGIES BUILDING, 209 1B/1A RANGE HILLS, PUNE Pune , Maharashtra. The Corporate Identification Number (CIN) of Akzo Nobel India Limited is L24292WB1954PLC021516. Akzo Nobel Inda, S.A. de C.V. has 85 total employees across all of its locations and generates $7.20 million in sales (USD). In 1988 the company acquired Berol Kemi from Procordia. It offers decorative paints, including paints, lacquers, and varnishes; a range of mixing machines and color concepts for the building and renovation industry; and specialty coatings for metal, wood, and other building materials. 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