CIN and Boero announced that the two companies will unite their businesses to create a new dynamic aimed at consolidating their European presence within the coatings market.
After submitting a binding proposal to acquire Tikkurila for €31.25 per share on January 28, 2021, AkzoNobel announced it no longer intends to pursue this acquisition, following a competing, higher, offer for Tikkurila.
PPG announced the acquisition of Wörwag, a global manufacturer of coatings for industrial and automotive applications.
AkzoNobel announced the acquisition of New Nautical Coatings, owner of the Sea Hawk yacht coatings brand.
PPG announced that it has entered into a definitive agreement to acquire Tikkurila in an all-cash transaction.