AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) has completed its acquisition of The Dow Chemical Co.’s (Dow; Midland, Michigan; www.dow.com) powder coatings activities, which was purchased by Dow in 2009 as part of its acquisition of Rohm and Haas. The deal was first announced in November, 2009. The acquired business achieves global sales of several hundred million dollars and employs around 700 people, operating factories in the U.S., Europe and China.
AkzoNobel formally acquires Dow powder business
| By Dorothy Lozowski