Investment and closure

AkzoNobel has recently presented a plan that includes a €22 million investment to establish the Montataire site as a flagship for paint production.

Akzo Nobel Headquarter
The paint manufacturer is currently aiming for a reorganization through investments as well as restructuring and closures. Picture: stock.adobe - PixelBiss

The planned measures are designed to rationalize, modernize, and optimize AkzoNobel’s operations, ensuring long-term success while maintaining its strong presence in France. The proposed plan focuses on streamlining operations. This will enhance competitiveness and drive sustainable growth. 

The company also plans to reorganize its commercial and support function and its distribution network, including the transfer of some outlets to independent partners and some closures. In 2024, AkzoNobel as part of its Industrial Excellence program already announced the closure of its manufacturing sites in Groot-Ammers (the Netherlands), Cork (Ireland) and Lusaka (Zambia). Production from these sites has been transferred to other locations in the region. 

Further information: www.akzonobel.com

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