18 February 2016

AkzoNobel acquires BASF’s Industrial Coatings business

De Brauw Blackstone Westbroek advises AkzoNobel on its intended acquisition of BASF’s Industrial Coatings business for EUR 475 million.

The transaction would include technologies, patents and trademarks, as well as securing supply to customers worldwide. Two manufacturing plants – one in the UK and one in South Africa – would also be transferred to AkzoNobel.

De Brauw is acting as lead counsel to AkzoNobel and Dieter Wolff is lead partner.

Click here to read AkzoNobel’s press release.