Akzo Nobel N.V. signed and closed the acquisition of Swire Industrial Limited's minority interest in the AkzoNobel Swire Paints joint venture.
Having held the majority share in the decorative paints joint venture since 1989, AkzoNobel has now acquired full ownership.
“The timing of this acquisition is perfect,” AkzoNobel CEO Thierry Vanlancker said. “It also supports our ongoing ...