AkzoNobel strengthens position in Qatar, acquiring full ownership of its paints and coatings business

Aug 23, 2021 by bcw-global

AkzoNobel is committed to further growing its business in Qatar and the surrounding countries that the joint venture has been serving. This commitment is highlighted through increasing its investment and developing sustainable projects in line with its People. Planet. Paint. approach to sustainability.

This move further strengthens AkzoNobel’s footprint in the GCC and will help consolidate its leading position in the Qatar paints and coatings market. The acquisition of the shares in the company has increased the ownership stake of AkzoNobel in the entity to 100%.

The company will continue to provide customers throughout the region with world class products, solutions and services.