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Acquisitions and divestments


The acquisition and divestment effect on individual business areas revenue during the year was due to the following:

  • In Performance Coatings, we consolidated the acquired powder coatings activities as of June 1. We acquired the Lindgens Metal Decorating business in Q3 and on October 1, we acquired Changzhou Prime Automotive Paint Co., Ltd to grow our Car Refinishes business in China. In Q4, these acquisitions contributed 5 percent to revenue in Performance Coatings.
  • In Specialty Chemicals, we divested PTA Pakistan in September 2009. This impacted 2010 revenue in Specialty Chemicals by 4 percent. During 2010, National Starch was classified as a discontinued operation and was sold on October 1, 2010 at a gain of €53 million.
Copyright © 2011 Akzo Nobel N.V.