AkzoNobel intends to buy French aerospace coatings company AkzoNobel recently announced that the company
intends to acquire French aerospace coatings manufacturer Mapaero, the exact amount was not disclosed
.
With the acquisition, AkzoNobel's global position in aerospace coatings will be further strengthened, particularly in the structural and cabin coatings sub-segment
.
The transaction is expected to close
in the second half of this year.
Eric Rumeau, President and CEO of Mapaero, said: "Our business complements
AkzoNobel.
In the near future, Mapaero will offer more professional and ideal solutions to help it further improve its existing products and services
.
”
