| AkzoNobel expands U.S. distribution network |
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| Supply Chain |
| Friday, 20 May 2011 13:45 |
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Norcross, Georgia -- May 20, 2011 -- AkzoNobel’s Automotive and Aerospace Coatings business is growing its automotive repair distribution network through an expanded relationship with LKQ Corporation. The deal will involve the divestment of approximately 40 company owned stores to LKQ. The transaction impacts all AkzoNobel branch operations in the United States that are involved with automotive repair direct sales. The agreement between the two companies will see AkzoNobel’s Sikkens, Lesonal and U-Tech brands distributed by LKQ. Financial details were not disclosed. “As part of AkzoNobel’s new sustainable growth strategy we want to focus on growing our market share in mature markets and this deal will enable us to do that,” explained Leif Darner, AkzoNobel’s Executive Committee member responsible for Performance Coatings. “By partnering with LKQ, we will be able to offer our products to a wider set of customers and strengthen our leadership position in one of our most important markets.” LKQ is the largest provider in the United States of aftermarket recycled and refurbished collision and mechanical replacement products for the automotive and truck market. “LKQ Corporation is one of the most recognized and respected names in the automotive industry and we are proud to have them as part of our growing North American network of distribution partners,” added Jim Rees, Managing Director of AkzoNobel’s Automotive and Aerospace Coatings business. “By moving towards independent distribution in North America, we can focus on strengthening our leadership in providing exceptional products, technology and service to the automotive repair industry.” |
Norcross, Georgia -- December 20, 2011 -- Collision centres across Canada and the United States will share the gift of transportation with 25 deserving families and members of their communities during the 13th annual AkzoNobel Acoat selected International Benevolence Program, held December 12th through the 23rd. The Benevolence Program is a community service endeavour sponsored by AkzoNobel and conducted by collision repair centres that are members of the Sikkens...
London, Ontario -- December 12, 2011 -- 3M has signed a five-year commercial pact with a relatively new stainless steel and aluminum distributor to create a stable of so-called disruptive products, including technology that could eliminate the need for paint on automobiles. The partnership with Chicago-based Shale-Inland is the latest in a consistent string of acquisitions and joint-ventures that 3M has assembled in pursuit of reaching $50 billion in revenue. The M...
Southfield, Michigan -- December 6, 2011 -- BASF Automotive Refinish today announced its COLOR-MAXmobile2 solid color tool. COLOR-MAXmobile2 is compact and portable and provides 531 colour chips in the palm of your hand. The chips are designed to be conveniently comparale to the vehicle with up to five colours on a single swatch. According to BASF, their family of COLOR-MAX tools is the most advanced colour matching system in the industry in terms of accuracy, co...
Ajax, Ontario -- December 1, 2011 -- Athletes warm up before a competition. Motorists know that engine oil becomes thicker in the winter cold. Things are not all that different with clearcoats and hardeners, which also tend to become more viscous during the cold season if not stored properly. According to Standox, paint material should have a temperature of 20°C (68°F) to 25 °C (77°F) for spraying, as this ensures the best reaction between the clearcoat and t...
Ajax, Ontario -- November 2, 2011 -- DuPont Refinish has introduced three new, standard setting 2.1 VOC clearcoats designed for use with DuPont Cromax Pro basecoat. DuPont says it is excited to have these new clears which align with the needs of highly productive collision repair facilities.
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