AkzoNobel reports organic sales growth and adjusted EBITDA increases in Q3 2026. The company achieves its sixth straight quarter of margin expansion, demonstrating effective pricing strategies and progress in its cost-saving initiatives. These results highlight sustained financial performance amid market challenges.
AkzoNobel and Axalta Coating Systems merge to form **Axanzo**, a new combined company. The merger integrates two major players in coatings and paints, expanding their global market presence. The new entity retains elements from both brands while operating under the unified name.
AkzoNobel sells its decorative paints operations in Southeast Asia, Papua New Guinea, and Australia to Nippon Paint for $1.35 billion. The transaction marks the completion of AkzoNobel’s strategic review of its decorative paints portfolio in Asia. The deal includes all assets and operations in the specified regions.
Shareholders of AkzoNobel and Axalta overwhelmingly approved the companies’ proposed all-stock merger of equals at simultaneous general meetings. The vote moves the combination into its final phase, with completion expected in late 2026 or early 2027.
