AkzoNobel sells Southeast Asia decorative paints business to Nippon Paint for $1.35 billion
Bitget2026/10/05 00:56Akzo Nobel agreed to sell its Decorative Paints South East Asia business to Nippon Paint for an enterprise value of USD 1.35 billion. Deal implies a 21x EV/FY25 EBITDA multiple; net cash proceeds expected at about USD 1 billion. Transaction covers Decorative Paints operations across seven countries in the region; Coatings and Global Business Services are excluded. Closing expected in mid-2027; the Indonesia unit is slated to complete separately in late 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Akzo Nobel NV published the original content used to generate this news brief on October 05, 2026, and is solely responsible for the information contained therein.
- Akzo Nobel agreed to sell its Decorative Paints South East Asia business to Nippon Paint for an enterprise value of USD 1.35 billion.
- Deal implies a 21x EV/FY25 EBITDA multiple; net cash proceeds expected at about USD 1 billion.
- Transaction covers Decorative Paints operations across seven countries in the region; Coatings and Global Business Services are excluded.
- Closing expected in mid-2027; the Indonesia unit is slated to complete separately in late 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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