WPCIA Washington April 3, 2020

　　AkzoNobel completed the acquisition of 100% of the shares of Mauvilac Industries Limited, a paint and coatings company in Les Pailles, Mauritius.

　　The transaction includes a local production facility, four concept stores and access to a strong distribution network.

　　The business generated revenue of around €20 million in 2018. Its portfolio consists of 85 percent decorative paints and 15 percent coatings, offering a wide range of professional and consumer products.