# Akzo Nobel acquires Romanian paints company Fabryo

Akzo Nobel has agreed to acquire 100% of Fabryo Corporation S.R.L., a Romanian decorative paints manufacturer with two production facilities and six distribution centers, for an undisclosed amount. The business generated revenue of around EUR 45 million in 2017.

- Type: Acquisition
- Announced: 2018-06-20
- Where: Romania, Romania
- Status: announced
- Products: decorative paints, adhesives, mortars
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Akzo Nobel](https://endata.com/companies/22737.md) (acquirer)
- [Fabryo](https://endata.com/companies/32632.md) (target)

## Sources

- [european-coatings.com](https://www.european-coatings.com/news/raw-materials/akzo-nobel-acquires-romanian-company-fabryo/), 2018-06-20: "This acquisition provides Akzo Nobel with the number one position in a fast growing market and will contribute to delivering our Winning Together: 15 by 20 Strategy."
- [european-coatings.com](https://www.european-coatings.com/news/raw-materials/mergers-and-acquisitions-who-bought-whom/), 2018-07-16

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