# AkzoNobel completes acquisition of Titan Paints decorative paints business in Spain

AkzoNobel has completed the acquisition of 100% of the shares of the decorative paints business of Industrias Titan S.A.U. (Titan Paints) in Spain, including three production plants and seven logistics centers. The business generated approximately €80 million in revenue.

- Type: Acquisition
- Announced: 2021-03-02
- Where: El Prat de Llobregat, Barcelona, Spain
- Status: completed
- Products: decorative paints
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [AkzoNobel](https://endata.com/companies/11242.md) (acquirer)
- [Industrias Titan](https://endata.com/companies/53563.md) (target)

## Sources

- [proarquitectura.es](https://www.proarquitectura.es/akzonobel-completa-la-adquisicion-del-negocio-pinturas-decorativas-industrias-titann-espana/), 2021-03-02: "AkzoNobel ha completado la adquisición del 100% de las acciones del negocio de pinturas decorativas de INDUSTRIAS TITAN S.A.U. (Titan Paints)."

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