# AkzoNobel acquires Colourland Paints in Malaysia

AkzoNobel acquired 100% of the shares in Colourland Paints Sdn Bhd and Colourland Paints (Marketing) Sdn Bhd, strengthening its business in Asia.

- Type: Acquisition
- Announced: 2018-11-02
- Where: Guangzhou, Shanghai, Langfang, Chengdu, China
- Status: completed
- Products: coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [AkzoNobel](https://endata.com/companies/11242.md) (acquirer)
- [Colourland Paints](https://endata.com/companies/35541.md) (target)
- [Swire Industrial Limited](https://endata.com/companies/36136.md) (target)

## Sources

- [pcimag.com](https://www.pcimag.com/articles/keyword/2065-acquisitions?page=23), 2018-11-16: "AkzoNobel has strengthened its business in Asia by acquiring 100% of the shares in Colourland Paints Sdn Bhd and Colourland Paints (Marketing) Sdn Bhd, both referred to as Colourland Paints."
- [coatingsworld.com](https://www.coatingsworld.com/breaking-news/akzonobel-acquires-full-ownership-of-chinese-decorative-paints-joint-venture/), 2018-12-13: "Akzo Nobel N.V. signed and closed the acquisition of Swire Industrial Limited’s minority interest in the AkzoNobel Swire Paints joint venture."

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