Essential reading for retailers and suppliers in the home improvement market

Akzo Nobel takeover of ICI completed

Published: 4 January 2008
The long-running takeover of one of Britain’s most famous companies has been completed.
Akzo Nobel takeover of ICI completed
Dulux paint maker, ICI, has finally been bought by Dutch conglomerate, Akzo Nobel, in an £8bn takeover that signals the disappearance of a company that was once a giant of British industry.

It is the culmination of a process which began in August last year when Akzo made a formal offer for the acquisition of the shares in ICI.

It is unknown whether the new owner will retain the famous ICI brand name. A spokesman for the company is reported as saying that any decision be based on what will be best value for the company and not on 'emotion'.

Akzo Nobel is now expected to proceed with the sale of ICI's adhesives and electronic materials unit to Henkel of Germany.

Comments


(Your email address will not be published)
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

Latest reader comments

re: Latest update on Green Homes Grant and implications for homeowners and landlords

John Hart
After applying for a green homes how long will it take for a decision? thanks...

re: SX Rainproof Exterior Caulk

Wally
I need the exterior sx rain resistant caulk! Can't get it anywhere so please help! How can I order it? Need it yesterday...

re: BCT can replicate any material in a ceramic tile

Christina Tiritanou
Not sure if you can help as I require a tile which has the measurements of 6”x 6”? Thank you....

re: Latest update on Green Homes Grant and implications for homeowners and landlords

colin thompson
SarahVery clear and helpful information.Thanks...

Most read stories