AkzoNobel Specialty Chemicals completes acquisition of Polinox 24th September 2018
AkzoNobel Specialty Chemicals acquires Polinox’s brands and trademarks, including Brasnox, Perbenzox and TecnoxSuper, as well as its customer list and production knowhow. Manufacture of those products will move to the company’s plant at Itupeva, Brazil, which is currently being expanded, by the third quarter of 2019.
“We signed an agreement to acquire Polinox in July and are fully prepared for a swift integration,” said Johan Landfors, Executive Committee Member responsible for Polymer Chemistry. “We now look forward to serving Polinox’s impressive portfolio of customers and further accelerating our growth in this important region.”
Roberto Pontifex, Managing Director of Polinox, will join AkzoNobel Specialty Chemicals as Commercial Manager. “I’m looking forward to continuing to serve my customers, and I am confident that we can strengthen our relationships with the knowhow AkzoNobel has to offer,” said Pontifex.