Akzo Nobel acquires Deckel Lack AB, Sweden.ARNHEM Arnhem (är`nəm), Ger. Arnheim, city (1994 pop. 133,670), capital of Gelderland prov., E Netherlands, a port on the Lower Rhine. It is an industrial, transportation, and tourist center. , The Netherlands--(BUSINESS WIRE)--January 12, 1995--The Akzo Nobel Akzo Nobel is a multinational company, active in the fields of healthcare products, coatings and chemicals. Headquartered in Amsterdam, the Netherlands, the company has activities in more than 80 countries, and employs approximately 62,000 people. Business Unit Car Refinishes reached an agreement with Alfort & Cronholm, in Stockholm Stockholm (stŏk`hôlm'), city (1995 pop. 692,954), capital of Sweden and of Stockholm co., E Sweden, situated where Lake Mälaren flows into the Baltic Sea. , Sweden Sweden, Swed. Sverige, officially Kingdom of Sweden, constitutional monarchy (2005 est. pop. 9,002,000), 173,648 sq mi (449,750 sq km), N Europe, occupying the eastern part of the Scandinavian peninsula. , on the acquisition of Deckel Lack AB, Tyresoe, Sweden on January 1, 1995. Up to this date Deckel Lack was the importer for Akzo Nobel Car Refinishes in Sweden. Deckel Lack has a strong position in car refinishes and in the field of trucks and buses. Total sales of Deckel Lack are NLG NLG The ISO 4217 currency code for the Dutch Guilder. 21 million. The company employs 60 people. The acquisition fits in the strategy of Akzo Nobel Car Refinishes to strengthen its position in the Nordic countries, where it already runs successful operations in Denmark and Norway. Further plans to strengthen the total infrastructure in the Nordic countries will be worked out in 1995. Deckel Lack AB has changed its name to Akzo Nobel Car Refinishes AB, Staffan Engblom will be Managing Director. Akzo Nobel, headquartered in the Netherlands, is one of the world's leading companies in selected areas of chemicals, coatings, healthcare products and fibers. More than 70,000 people in over 50 countries make up the Akzo Nobel work force. CONTACT: Akzo Nobel Inc. Nick Sommers, 312/906-7612 |
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