AkzoNobel Overview
Pro stress-test →AkzoNobel is a Dutch multinational company which creates paints and performance coatings for both industry and consumers worldwide, headquartered in Amsterdam with activities in more than 150 countries. The company is the world's third-largest paint manufacturer by revenue after Sherwin-Williams and PPG Industries.
Strategic Profile
Pro stress-test →AkzoNobel is pursuing transformative growth through a proposed all-stock merger with Axalta, which will generate significant synergies and create a company bringing the best of both to customers, shareholders and employees. For the mid-term, the company aims to expand profitability to deliver an adjusted EBITDA margin of above 16% and a return on investment between 16% and 19%.
Competitive Landscape
Pro stress-test →AkzoNobel competes in the global coatings market as the world's third-largest paint manufacturer by revenue, behind Sherwin-Williams and PPG Industries. The competitive set includes diversified chemical and specialty coatings companies with regional and global presence. The proposed Axalta merger would substantially enhance competitive positioning through combined capabilities and geographic reach.
Industry Context
AkzoNobel operates in Paints and Coatings / Specialty Chemicals.
Key facts
Founded: 1792 · Headquarters: Amsterdam, Netherlands · Employees: 31,500 · Revenue: $11.5B · Market cap: $12.3B