31 October 2013
Details
AkzoNobel
has expanded its presence in the Middle East
after acquiring a 50 percent stake and management control of
Sadolin Paints Oman SAOC.
The company has signed a joint venture agreement with
Omar Zawawi Establishment LLC
(promoter and shareholder of Sadolin Paints) which involves
the manufacture and sale of
decorative paints and performance coatings
in Oman.
AkzoNobel,
Peter Tomlinson, Managing Director of AkzoNobel
in the Middle East, who is based at the company's
regional head office in Dubai
- With governments investing more into construction,
local production is becoming increasingly important.
- Our paints and coatings acitivities in Oman
will now be well placed to effectively supply customers in
construction, transportation and oil and gas sectors.
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