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AkzoNobel Completes Titan Paints Acquisition

Includes three production facilities and seven logistics and service centers for decorative paint.

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By: Anthony Locicero

Copy Editor, New York Post, Rodman Media

Akzo Nobel N.V. completed its acquisition of 100% of the shares of Industrias Titan S.A.U. (Titan Paints).
 
The transaction includes three production facilities and seven logistics and service centers for decorative paints, including one of the most modern manufacturing plants for water-based paints in Europe in El Prat de Llobregat, near Barcelona.
 
The business generated revenue of around €80 million. 

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