Two Acquisitions Announced within European Performance Coatings

Based in Limoges, France, Disatech supplies innovative adhesive films used in the aerospace, transportation, and industrial equipment sectors. Photo courtesy of AkzoNobel.

AkzoNobel (Amsterdam, The Netherlands) has announced the acquisition of Flexcrete Technologies (Leyland, United Kingdom) and another agreement to acquire French manufacturer Disa Technology (Disatech) (Limoges, France).

The deals will further strengthen the group’s global leadership position in supplying innovative industrial coatings and aerospace and automotive coatings, according to the company.

Flexcrete Technologies manufactures products primarily used for the protection and repair of concrete substrates. This acquisition allows AkzoNobel to expand its offering in several key industrial markets, the company explains, including downstream oil and gas and chemical processing, commercial infrastructure, power, water and wastewater, and mining and mineral processing.

Meanwhile, Disatech supplies innovative adhesive films used in the aerospace, transportation, and industrial equipment sectors. The company specializes in the manufacture of self-adhesive vinyl, polyester, and polycarbonate films used on aircraft, vehicles, agricultural machinery, and other equipment.

“Both acquisitions support our strategy of investing in growth and innovation and are strongly aligned with our growth strategy,” said AkzoNobel CEO Ton Büchner. “They will expand our existing product and service offering, enabling us to deliver significant benefits to our customers. These deals also offer us great opportunities to pursue further coatings innovations in a number of our core markets."

The signed agreement is subject to regulatory approvals. 

Source: AkzoNobel, www.akzonobel.com.