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Akzo Nobel eyes B2B push in Asia after India unit sale

Hindustan Times Jammu

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July 23, 2025

Dulux paints maker Akzo Nobel plans to focus on its business-to-business offering in Asia during the next phase of its portfolio review, after the $1.6 billion sale of its India unit in June, its chief executive said on Tuesday.

- Reuters

Akzo Nobel eyes B2B push in Asia after India unit sale

It will do this by increasing investments in coatings while selling off some decorative paints units in the region, CEO Greg Poux-Guillaume told Reuters.

Performance coatings made up 62% of the group's adjusted core earnings in 2024.

“Our aim is to be a market leader in everything that we do, and wherever we're not, we have to reassess,” Poux-Guillaume said.

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