www.pcimag.com/articles/92392-akzonobel-assumes-full-control-of-joint-venture
AkzoNobel Assumes Full Control of Joint Venture
December 12, 2010
NORCROSS, GA - AkzoNobel Car Refinishes Americas has bought out its joint venture partner, Comex, to assume full responsibility for the marketing and distribution of the SikkensÒ, LesonalÒ, U-TechÒ and WandaÒ brands in Mexico.
During the 15-year joint venture period, AkzoNobel solidified its presence and advanced refinish technologies with key businesses in the Mexican market. This has been achieved through a network of Comex concessionaries and more than 200 independent distributors.
AkzoNobel will continue to market its full range of car refinish brands, Sikkens, Lesonal, U-Tech and Wanda. Access to these products will be available through the current chain of Comex locations and a network of independent distributors.
During the 15-year joint venture period, AkzoNobel solidified its presence and advanced refinish technologies with key businesses in the Mexican market. This has been achieved through a network of Comex concessionaries and more than 200 independent distributors.
AkzoNobel will continue to market its full range of car refinish brands, Sikkens, Lesonal, U-Tech and Wanda. Access to these products will be available through the current chain of Comex locations and a network of independent distributors.
