More news
- Asian paint regulatory round up – Indonesian exterior paint still uses lead, warns W...
- Nigeria’s paint industry navigates regulatory changes and economic challenges amid p...
- Focus on the global coatings market: Global coatings market outlook
- Ask Joe Powder – October 2024
- Chinese paint majors look to domestic consumer sales as commercial real estate slumps
AkzoNobel has completed the acquisition of 100% of the shares of Mauvilac Industries Limited, a leading paints and coatings company in Mauritius.
The transaction includes a local production facility, four concept stores and access to a strong distribution network.
The acquisition of Mauvilac strengthens AkzoNobel’s footprint in Sub-Saharan Africa and supports its leading position in the African decorative paints market.
The business generated revenue of around €20M in 2018 and is a leading decorative and speciality paints and coatings manufacturer headquartered in Les Pailles, Mauritius.
Their portfolio consists of 85% decorative paints and 15% coatings, offering a wide range of professional and consumer products.
