AkzoNobel N.V. to Acquire Indian Unit's Powder Coatings Business

27 Feb 2025 CW Team

Akzo Nobel India has finalised a deal to sell its powder coatings business and International Research Centre (R&D) to its parent company, AkzoNobel N.V., for Rs 20.73 billion and Rs 700 million, respectively. The agreement also includes the transfer of intellectual property rights related to the decorative paints business in India, Bangladesh, Bhutan, and Nepal for Rs 11.52 billion.

With these transactions, Akzo Nobel India aims to concentrate on its liquid paints and coatings segment, transitioning into a fully independent entity in terms of branding and technology for its core decorative paints business.

The completion of these deals is contingent upon shareholder approval, which is expected to be sought in the coming weeks. Additionally, clearance from the supervisory board of AkzoNobel N.V. is required.

Meanwhile, AkzoNobel N.V. is in the process of divesting its decorative paints business in India. Several companies, including Blackstone, Pidilite, and JSW Paints, have expressed interest in acquiring this segment.

News source: Business Standard

Real Estate

31 Jul 2026

The Real Picture!

How did the Indian real-estate sector fare from FY2025-26? What were the factors at play and how was the impact felt by major players? What set the overperformers apart from the underperformers? Here is a comprehensive analysis – gleaned from management and stakeholder inputs – that brings together all the moving parts to provide some reasoned and rational answers.To read the full story Click Here..

From Digital Adoption to Intelligent Infrastructure

At Illuminate Mumbai 2026, industry leaders highlighted how AI, digital twins and connected data ecosystems are reshaping infrastructure delivery, enabling greater efficiency, resilience and long-term asset performance. India's infrastructure sector is entering a new phase of digital maturity. While the initial years focused on digitising workflows, the industry is now moving towards deploying intelligent, connected and data-driven systems that can improve project outcomes across the asset lifecycle.This transition was at the centre of discussions at Illuminate Mumbai 2026, organised by Bentle..

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors.To read the full article Click Here..