In June 18th, AKZO NOBEL announced the agreement to buy 100% stake in Fabryo group, Romania decorative coatings company.
The transaction includes two production facilities and six decorative coatings, adhesives and mortar distribution centers, including one of the largest decorative paint factories in Romania, with the ability to further expand.
Fabryo business generated about 45 million euros in revenue in 2017. In the Romania market, Fabryo is the only coating enterprise with both leading products and professional subdivisions. Its brands include Savana, APLA and InnenWeiss.