-+ 0.00%
-+ 0.00%
-+ 0.00%

AkzoNobel completes sale of AkzoNobel Pakistan to Packages Group for EUR 50 million

PUBT·09/30/2026 10:38:06
AkzoNobel completes sale of AkzoNobel Pakistan to Packages Group for EUR 50 million
  • Akzo Nobel NV completed the sale of its Pakistan unit to IGI Investments, part of the Packages Group.
  • Deal valued at about EUR 50 million enterprise value, or PKR 16.2 billion, implying a 14x EV/EBITDA multiple.
  • Transaction includes the Decorative Paints and liquid Coatings businesses in Pakistan.
  • Divestment forms part of a portfolio refocus, centered on Decorative Paints positions in Southeast Asia.


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 September 30, 2026, and is solely responsible for the information contained therein.