# AkzoNobel acquires paint manufacturer Fabryo from Oresa Ventures

AkzoNobel N.V. agreed to acquire Fabryo, a decorative paint and plaster manufacturer owned by Oresa Ventures, for an undisclosed sum. Fabryo generated €45 million in revenue in 2017 and operates two factories and six distribution centers in Romania, including brands Savana, APLA and InnenWeiss.

- Type: Acquisition
- Announced: 2018-06-18
- Where: Popesti-Leordeni and Tunari, Ilfov County, Romania, Romania
- Status: announced
- Products: decorative paints, plaster, adhesives, mortars
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [AkzoNobel](https://endata.com/companies/11242.md) (acquirer)
- [Fabryo](https://endata.com/companies/32632.md) (target)
- [Oresa Ventures](https://endata.com/companies/32633.md) (partner)

## Sources

- [business-review.eu](https://business-review.eu/business/dutch-akzonobel-buys-paint-manufacturer-fabryo-from-oresa-ventures-173571), 2018-06-18: "This acquisition gives AkzoNobel the leading position in a rapidly growing market."
- [chemanager-online.com](https://chemanager-online.com/en/news/akzonobel-buys-romanian-paint-company), 2018-06-19: "The strong sales and distribution facilities of Fabryo will help us to further improve our business in the region."
- [pcimag.com](https://www.pcimag.com/articles/104931-akzonobel-to-reach-top-spot-in-romania-with-new-acquisition), 2018-06-22: "AkzoNobel has entered into an agreement to acquire 100% of the shares of Fabryo Corp. S.R.L. (Fabryo), becoming the leader in the Romanian decorative paints market."
- [pcimag.com](https://www.pcimag.com/articles/topic/4553-eu-company-news?page=14), 2018-07-20: "AkzoNobel has entered into an agreement to acquire 100% of the shares of Fabryo Corp. S.R.L., becoming the leader in the Romanian decorative paints market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.