Akzonobel.docx - AkzoNobel Akzo Nobel N.V. AkzoNobel...

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AkzoNobelAkzo Nobel N.V.AkzoNobel Logo.svgAkzo Nobel Headquarters (1).jpgAkzoNobel's headquarters in AmsterdamTypeNaamloze VennootschapTraded asEuronext Amsterdam: AKZAAEX componentIndustryChemicalsFounded1994; 26 years agoHeadquartersAmsterdam, NetherlandsArea servedWorldwideKey peopleThierry Vanlancker (CEO)Nils Smedegaard Andersen (Chairman of the supervisory board)ProductsBasic and industrial chemicals, decorative paints, industrial (re)finishing products,coatingsRevenue€9.61 billion (2018)[1]Operating income€5.157 million (2018)[1]Net income€6.674 million (2018)[1]Total assets€19.128 million (end 2018)[1]Total equity€11.834 million (end 2018)[1]
Number of employees34,500 (end 2018)[1]WebsiteAkzo Nobel N.V., trading as AkzoNobel, is a Dutch multinational company which creates paintsand performance coatings for both industry and consumers worldwide. Headquartered inAmsterdam, the company has activities in more than 80 countries, and employs approximately46,000 people. Sales in 2016 were EUR 14.2 billion.[2]Contents1History1.1History and formation of Akzo1.2History and formation of Nobel1.3AkzoNobel formation1.4Acquisition of Imperial Chemicals Industries (ICI)1.5Attempted acquisition by PPG Industries1.6Recent2Organization2.1Decorative paints2.2Performance coatings2.3Specialty chemicals3Expancel4Turn-over and profit history
5See also6References7External linksHistoryAkzoNobel has a long history of mergers and divestments. Parts of the current company can betraced back to 17th-century companies.[3] The milestone mergers and divestments are theformation of AKZO in 1969, the merger with Nobel Industries in 1994 forming Akzo Nobel, andthe divestment of its pharmaceutical business and the merger with ICI in 2007/2008 resulting incurrent-day AkzoNobel.History and formation of AkzoIn 1887 Zwanenberg's Fabrieken, a meat export factory based in Oss, Netherlands, wasestablished. In 1923, Organon, pharmaceuticals company was founded by Saal van Zwanenbergin Oss, by 1947 both companies had merged to form Zwanenberg–Organon, which in 1953, withRoyal consent, was renamed to Koninklijke Zwanenberg-Organon (KZO). In 1965, the companyacquired the chemical company, Kortman and Schulte (Est. 1886) and Noury & Van der Lande(Est. 1838). In 1967 KZO merged with Koninklijke Zout Ketjen—itself the result of a merger ofKetjen (Est. 1835) and Koninklijke Nederlandse Zoutindustrie (KNZ) (Est. 1918)—and acquiredSikkens Lakken (Est.1792), forming Koninklijke Zout Organon.In 1929 Vereinigte Glanzstoff Fabrike (Est. 1899) and Nederlandse Kunstzijdefabriek (Est. 1911)merged, forming Algemene Kunstzijde Unie (AKU). The latter, known as the ENKA, isuniversally acknowledged as the parent of AkzoNobel, which faced along with others technicalproblems in the manufacturing of synthetic fibers. Jacques Coenraad Hartogs, the founder of theNederlandse Kunstzijdefabriek (ENKA), turned to Dutch industrialist and friend, Rento HofstedeCrull for a solution for which Hofstede Crull provided the answer. They created a joint venture,the NV I.S.E.M. whose success and profits laid the foundation for the ENKA's subsequent

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Term
Spring
Professor
N/A
Tags
Imperial Chemical Industries, Nobel Industries

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