AkzoNobel Acquires Titan Paints In Spain

Akzo Nobel N.V. announced it has completed the acquisition of 100% of the shares of Industrias Titan S.A.U. (Titan Paints), strengthening its paints business and footprint in Spain to become one of the market references in the region.
BY Realty Plus
Published - Thursday, 04 Mar, 2021

Akzo Nobel N.V. announced it has completed the acquisition of 100% of the shares of Industrias Titan S.A.U. (Titan Paints), strengthening its paints business and footprint in Spain to become one of the market references in the region. 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. Titan Paints – which also has a relevant presence in Portugal – is one of Spain’s best-known brands. The business shares AkzoNobel’s commitment to sustainable product innovation, with much of its portfolio having received recognition for environmental performance.

RELATED STORY VIEW MORE

Ambuja Cements Ltd Pursues Focused Growth With Profitability

Jindal Steel MoU with Chhattisgarh Govt to Invest Rs 75,000 Cr

INKEL to Launch Kerala’s First Group Captive Solar Power Plant

TOP STORY VIEW MORE

Supreme Infrastructure Wins Rs 450 Cr Turnkey Contract for PAP Housing

Supreme Infrastructure India Ltd (SIIL), EPC & infrastructure company, has secured a Rs 450 Cr turnkey construction contract for the development of a PAP housing in Powai.

25 June, 2025