# Akzo Nobel acquires Fabryo Corporation to lead Romanian decorative paints market

Akzo Nobel bought 100% of Fabryo Corporation, based in Romania, which employs about 400 people. The transaction closed in early October 2018 and includes two production facilities and six distribution centers.

- Type: Acquisition
- Announced: 2018-10-01
- Where: Romania
- Jobs: 400
- Status: completed
- 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-and-ppg-industries-strengthen-their-businesses-with-minor-acquisitions/), 2018-12-06: "By taking over the business, Akzo Nobel is 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.