Akzo Nobel - About the company
Akzo Nobel is an acquired company based in Amsterdam (Netherlands), founded in 1994 by Ingrid Bronkhorst and Larry Lin. It operates as a Manufacturer & supplier of decorative paints, metal, wood, powder, and other coatings. Akzo Nobel has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 1185 active competitors, including 6 funded and 137 that have exited. Its top competitors include companies like Asian Paints, Hempel and Sherwin Williams.
Company Details
In 2022, the company recorded annual revenues of $11.42B and a net profit of $0.3B.
- Website
- www.akzonobel.com/en
- Social
Key Metrics
Founded Year
1994
Location
Amsterdam, Netherlands
Stage
Acquired
Latest Funding Round
Last Known Valuation
$***** as on Dec 10, 2025
Investors
Ranked
5th among 1185 active competitors
Annual Revenue
€1B+ as on Dec 31, 2025
Employee Count
31,594 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by JSW Paints (Dec 10, 2025)
Legal entities associated with Akzo Nobel
Akzo Nobel is associated with 6 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Akzo Nobel N.V CIN: 09007809 , Netherlands, Active | Jan 01, 1969 | €1B+ (As on Dec 31, 2025) | - | - |
Akzo Nobel Global Business Services Llp CIN: AAK-4629 , India, Active | Aug 31, 2017 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | - | |
AKZO NOBEL DECO A/S CIN: 15269340 , Denmark, Active | Jun 09, 1991 | - | - | |
Osaühing Jumbu CIN: 10584676 , Estonia, Active | Oct 06, 1999 | €0 - €1M (As on Dec 31, 2023) | - | |
COSMO CANS PRIVATE LIMITED CIN: U28129MH1999PTC120631 , India, Active | Jul 02, 1999 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 38 (As on Mar 31, 2024) | |
AKZO NOBEL COATINGS INDIA PRIVATE LIMITED CIN: U24115MH1994PTC078669 , India, Active | May 30, 1994 | - | - |
Akzo Nobel's acquisition details
Akzo Nobel got acquired by JSW Paints on Dec 10, 2025 at an acquisition amount of $*****.
Click here to take a look at Akzo Nobel's acquisition in detail
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Akzo Nobel's funding and investors
Akzo Nobel has raised funding over 11 rounds. Its first funding round was on Jun 01, 2015. Its latest funding round was a Grant (prize money) round on Feb 20, 2023 for $*****. 1 investor participated in its latest round. Akzo Nobel has 8 institutional investors.
Here is the list of recent funding rounds of Akzo Nobel:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 20, 2023 | 3736210 | Grant (prize money) | 6460431 | 2465974 | 7339389 | 4895842 |
Jan 01, 2018 | 6169640 | Grant (prize money) | 4590157 | 1143521 | 9560572 | |
Oct 01, 2017 | 5739536 | Grant (prize money) | 2401789 | 9097704 | 9659537 |
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Akzo Nobel's founders and board of directors
Founder? Claim ProfileThe founders of Akzo Nobel are Ingrid Bronkhorst and Larry Lin.
Here are the details of Akzo Nobel's key team members:
- Ingrid Bronkhorst: Co-Founder of Akzo Nobel.
- Larry Lin: Co-Founder of Akzo Nobel.
- Ulrich Foged: CEO of Akzo Nobel.
View details of Akzo Nobel's Founder profiles and Board Members
Akzo Nobel's employee count trend
Akzo Nobel has 31,594 employees as of Aug 26. Here is Akzo Nobel's employee count trend over the years:
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Akzo Nobel's Competitors and alternates
Top competitors of Akzo Nobel include Asian Paints, Hempel and Sherwin Williams. Here is the list of Top 10 competitors of Akzo Nobel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Asian Paints 1942, Mumbai (India), Public | Manufacturer of industrial and decorative paints | - | - | 70/100 |
2nd | Developer and supplier of protective coatings | - | 70/100 | ||
3rd |  Sherwin Williams 1866, Cleveland (United States), Public | Manufacturer of paints, coatings, stains, and related supplies and equipment | - | - | 68/100 |
4th | PPG 1883, Pittsburgh (United States), Public | Producer of paints, coatings, and specialty materials | - | 67/100 | |
5th | Akzo Nobel 1994, Amsterdam (Netherlands), Acquired | Manufacturer & supplier of decorative paints, metal, wood, powder, and other coatings | - | 64/100 | |
6th | X-Rite 1958, Grand Rapids (United States), Acquired | Provider of color management solutions and measurement technologies | $155M | 61/100 | |
7th | Shalimar Paints 1902, Delhi (India), Public | Manufacturer of protective coatings | - | - | 60/100 |
8th | Manufacturer of paints and coating materials | - | 56/100 | ||
9th | Berger Paints 1923, Kolkata (India), Acquired | Manufacturer & Supplier of Decorative Paints | - | 55/100 | |
10th | Manufacturer of paints, coatings, and waterproofing solutions | - | - | 54/100 |
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Akzo Nobel's Investments and acquisitions
Akzo Nobel has made 3 investments in companies including Donecle and Qlayers. Akzo Nobel has also acquired 20 companies including Grupo Orbis and Pintuco.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
- | Investments | 2003 | Englewood (United States) | |
Oct 06, 2023 | Investments | 2015 | Labege (France) | |
Jul 01, 2021 | Acquisition | 1921 | Antioquia (Colombia) |
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Reports related to Akzo Nobel
Here is the latest report on Akzo Nobel's sector:
News related to Akzo Nobel
Filter this listMedia has covered Akzo Nobel for a total of 79 events in the last 1 year, 39 of them have been about company updates and 2 about partnerships.
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AkzoNobel Inaugurates €7.5 Million Powder Coatings Innovation Lab in the NetherlandsChemengonline•Sep 03, 2026•Akzo Nobel
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AkzoNobel and Axalta Announce Three Directors to Finalize Board of Combined CompanyGlobeNewswire•Aug 31, 2026•Axalta, Akzo Nobel
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CCP Allows IGI Investments to Acquire Stake in Akzo Nobel PakistanProPakistani•Aug 25, 2026•Akzo Nobel, Com.pk, ProPakistani
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AkzoNobel and Axalta Shareholders Approve $25 Billion Merger of EqualsCollision Week•Aug 05, 2026•Akzo Nobel, Axalta
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AkzoNobel Aerospace Coatings Provides TAP Air Portugal with Lighter Aircraft CoatingCoatings World•Jul 29, 2026•TAP Portugal, Akzo Nobel
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AkzoNobel Launches Self-Cleaning Exterior Coating for China’s Urban Renewal MarketEuropaWire•Jul 29, 2026•Akzo Nobel
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AkzoNobel and Axalta Announce Governance Enhancements for Combined Company Post-MergerGlobeNewswire•Jul 23, 2026•Axalta, Akzo Nobel
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AkzoNobel Reports Refinish Growth in Q2 2026, Amid Axalta Merger Vote ApproachesCollision Week•Jul 22, 2026•Akzo Nobel
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