# AkzoNobel acquires full ownership of Chinese decorative paints joint venture

AkzoNobel acquired Swire Industrial Limited's minority interest in the AkzoNobel Swire Paints joint venture, gaining full ownership. The JV manufactures decorative paints under the Dulux brand in China.

- Type: Acquisition
- Announced: 2019-01-15
- Where: Guangzhou, Shanghai, Langfang, Chengdu, China
- Status: completed
- Products: decorative paints, Dulux brand paints
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

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

## Sources

- [turkchem.net](https://turkchem.net/en/english/akzonobel-acquires-full-ownership-of-chinese-decorative-paints-joint-venture), 2019-01-15: "AkzoNobel has signed and closed the acquisition of Swire Industrial Limited's minority interest in the AkzoNobel Swire Paints (ANSP) joint venture."

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