27 March 2018

AkzoNobel sale of Specialty Chemicals to The Carlyle Group and GIC for EUR 10.1 billion

AkzoNobel announced the sale of 100% of its Specialty Chemicals business to The Carlyle Group and GIC for an enterprise value of EUR 10.1 billion. This transaction creates two focused and high performing businesses – Paints and Coatings, and Specialty Chemicals – as part of its strategy announced in April 2017. The transaction is expected to be completed before the end of 2018.

 

Team: Gaby Smeenk, Arne Grimme, Martin van Olffen, Henk van Ravenhorst, Reinier Kleipool, Janneke van der Kroon, Martijn Snoep, Heather Giannandrea and Thijs Elseman.

For more information, read here.