The private shareholders of Disa Technology (Disatech) have sold the company to AkzoNobel N.V.
AkzoNobel is a leading global paints and performance coatings company and major producer of specialty chemicals, supplying essential ingredients, essential protection and essential color to industries and consumers worldwide. Headquartered in Amsterdam, the company has activities in more than 80 countries, and employs approximately 46,000 people.
Headquartered in Limoges, Disatech supplies adhesive films used in the aerospace, transportation and industrial equipment sectors. The company specialises in the manufacture of self-adhesive vinyl, polyester and polycarbonate films used on aircraft, vehicles, agricultural machinery and other equipment, and is the leader in aerospace technical marking systems.
Oaklins' team in France led a dual-track process and advised the seller in this transaction. Our aerospace & defense specialist said: “This transaction will enable Disatech to harness its full market potential, thanks to AkzoNobel’s international reach and wide customer base. We strongly believe this partnership will lead to the emergence of a leading global solution to the entire aerospace industry, not only OEMs but also to airlines and MRO service providers.”
Christophe Renard, Shareholder of Disatech, said: “Disatech now enters a new era. Joining a group with a global footprint was exactly the turning point it needed to further accelerate its development. The strong commitment and deep industry knowledge of Oaklins' French team have been key in the sale process. Identifying AkzoNobel as the right international buyer demonstrates Oaklins' international reach and experience on cross-border transactions.”
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