AkzoNobel
Automotive & Aerospace Coatings Americas will sell all
of its company-owned paint distribution locations in
the United States to LKQ Corp. After the deal is
effective May 27, 2011,
LKQ will carry the Sikkens, Lesonal and U-Tech
brands.
The deal is part of a plan to broaden AkzoNobel’s
North American distribution. The company said it
remains committed to the U.S. market and believes a
vibrant and diverse distribution network is mandatory
for success in the rapidly evolving collision repair
industry.
“LKQ Corporation is one of the most recognized and
respected names in the automotive industry,” noted
AkzoNobel A & AC Americas General Manager AB Ghosh.
“We are proud to have them as a part of our growing
North American network of distribution partners.”
Ghosh continues, “We are constantly challenging
ourselves to improve our global leadership position.
Our strength exists in our core competencies which are
providing exceptional products, technology, and
service to the collision repair industry. By moving
toward independent distribution in North America, we
can now bring even greater focus to those areas which
make us unique and set us apart from our
competition."
“We have long admired the body shop solutions offered
by AkzoNobel," noted LKQ's co-CEO Robert L. Wagman.
"Their ability to deliver value added solutions in
combination with being a color technology leader makes
it an honor to partner with the world’s largest
coatings company.”
Wagman continued, “LKQ currently has relationships
with thousands of collision repair shops throughout
the United States. We are excited about the
opportunity to cultivate new opportunities with the
AkzoNobel team. This transaction reflects LKQ’s
commitment to being a one-stop-shop solution to the
collision repair industry by providing superior
products and services. By adding AkzoNobel’s portfolio
of brands to our product offerings validates that
commitment.”
PAGE 2
AkzoNobel is the largest global paints and coatings
company and a major producer of specialty chemicals.
We supply industries and consumers worldwide with
innovative products and are passionate about
developing sustainable answers for our customers. Our
portfolio includes well known brands such as Dulux,
Sikkens, International and Eka. Headquartered in
Amsterdam, the Netherlands, we are a Global Fortune
500 company and are consistently ranked as one of the
leaders in the area of sustainability. With operations
in more than 80 countries, our 55,000 people around
the world are committed to excellence and delivering
Tomorrow’s Answers Today™.
AkzoNobel Automotive & Aerospace Coatings is one of
the world's leading suppliers of paints and services
for car repair, commercial vehicles, automotive
plastics and aerospace coatings markets. It sells
coatings for original equipment and refinishing
applications to bodyshops, aircraft manufacturers,
fleet owners, automotive suppliers and major bus and
truck producers.Brands include Sikkens®, Lesonal®,
Dynacoat®, Wanda®, Sikkens Autocoat® BT, Aerowave®,
Aerobase® and Aerodur®.
Operating in more than 60 countries, Automotive &
Aerospace Coatings has specialists around the world
who understand local markets and can serve local
needs. Its state-of-the-art customer services, color
and technology solutions include offering technical
and logistical support and the delivery of training
programs.
For more information visit www.akzonobel.com.
