Akzo Nobel finalises acquisition of Lankwitzer’s wheel coating business

Akzo Nobel has completed the acquisition of Lankwitzer Lackfabrik’s aluminum wheel liquid coatings business.

The acquired business is intended to complement Akzo Nobel’s existing powder coatings offering and to expand the range of products the company supplies. Operating out of a manufacturing site in Leipzig, Germany, Lankwitzer’s Rims and Wheel business supplies approved products for car manufacturers such as Daimler, Audi, VW, Opel, Fiat and Renault.

Growing presence in China

The business also has a growing presence in China and operates laboratories in Germany (Leipzig) and Türkiye. The deal was first announced in July 2022.