Akzo Nobel has acquired the French aerospace coatings manufacturer Mapaero

November 2019 — AkzoNobel N.V. has acquired the French aerospace coatings manufacturer Mapaero. The acquisition will create synergies and will further strengthen the company’s global position in aerospace coatings, notably in the structural and cabin coating sub-segments.

Established in 1992 and specializing in sustainable water-based and advanced eco-friendly products for aircraft coatings and paintings, Mapaero operates a production facility in France and has sales offices in the UK, Germany, USA and Hong Kong. With 140 employees, the group produces between 400–500 references, divided into four categories: aircraft structure, interior, exterior and special coatings. Mapaero excels in structure and cabin interior coatings.

AkzoNobel is a leading global paints and performance coatings company. The company’s expertise has set the standard in color and protection since 1792. Its world class brand portfolio includes Dulux, International, Sikkens and Interpon. Headquartered in the Netherlands, AkzoNobel is active in more than 150 countries and employs around 34,500 people. The strength of the deal lies in the obvious synergies. Mapaero excels in interior coatings (for cabins) and structural elements used during the manufacturing of an airplane.

Our role in the transaction

Oaklins’ aerospace & defense team in France assisted Mapaero and its shareholders throughout the sale process. The team approached investment funds and companies around the world and structured the most attractive transaction for its client. Oaklins’ A&D specialist team in California supported the transaction and the team in the Netherlands approached and helped with the negotiations with the buyer.