{"id":39144,"date":"2022-07-11T15:19:27","date_gmt":"2022-07-11T07:19:27","guid":{"rendered":"https:\/\/www.newtopchem.com\/archives\/39144"},"modified":"2022-07-11T15:19:27","modified_gmt":"2022-07-11T07:19:27","slug":"akzonobel-to-acquire-lankwitzer-lackfabriks-liquid-coatings-business-for-aluminium-wheels","status":"publish","type":"post","link":"http:\/\/www.newtopchem.com\/archives\/39144","title":{"rendered":"AkzoNobel to acquire Lankwitzer Lackfabrik’s liquid coatings business for aluminium wheels","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
\n Latest:<\/strong>AkzoNobel in agreement to acquire Lankwitzer Lackfabrik \n \n Lankwitzer’s rim and wheel business operates from a production site in Leipzig, Germany. Its products are approved for use by car manufacturers such as Daimler, Audi, Volkswagen, Opel, Fiat and Renault.\n <\/p>\n \n “Acquiring this attractive business will complement our existing powder coatings portfolio and expand the range of innovative products we offer.” AkzoNobel Chief Commercial Officer – Performance Coatings Michael \n The deal of interest is also another clear sign that the company continues to make good progress on its strategic ambitions, he added. This is a good match with our “Grow and Deliver” \n Leo, Managing Director, Lankwitzer \n In addition to the factory in Leipzig, Lankwitzer’s wheel coatings business – with a growing presence in China – has laboratories in Germany (Leipzig) and Turkey.\n <\/p>\n \n The deal follows a series of acquisitions by AkzoNobel over the past two years, including Grupo Orbis in Latin America, Titan Paints in Spain and Portugal, New Latest:AkzoNobel in agreement to acquire Lankwitzer Lac…<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":1,"featured_media":39143,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[13129],"gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/posts\/39144"}],"collection":[{"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/comments?post=39144"}],"version-history":[{"count":0,"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/posts\/39144\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/media\/39143"}],"wp:attachment":[{"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/media?parent=39144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/categories?post=39144"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.newtopchem.com\/wp-json\/wp\/v2\/tags?post=39144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n GmbH’s liquid coatings business for wheels will strengthen its portfolio of high-performance coatings. Completion is expected by the end of 2022, subject to regulatory approval.\n <\/p>\n\n <\/p>\n
\n Friede explained, \u201cWe will be able to offer our customers a comprehensive range of liquid and powder aluminum wheel coatings, becoming a one-stop shop for the wheel industry, which will significantly strengthen our position in the important automotive market.\u201d\n <\/p>\n
\n “The strategies are fully aligned and will allow us to enter a new area of \u200b\u200bthe market with exciting opportunities.\n <\/p>\n
\n Commenting on the acquisition proposal, Dr. Rokeach said: “We are extremely proud of the business we have built in Leipzig. Now is the time for our employees and customers to benefit from a global environment that AkzoNobel certainly offers. Becoming a Part of AkzoNobel’s global activities will offer attractive development prospects for the Leipzig site and its employees.”\n <\/p>\n
\n Nautical Coatings and the recent proposed acquisition of Kansai Paint’s African Paints and Coatings business.<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"