CPS complete Akzo take-over

13 November 2001

CPS Color BV have successfully completed the take-over of the Akzo Nobel factory in Sneek. Financial details were not disclosed. The take-over proceedings began in February when CPS Color signed a letter of intent to take over the Akzo Nobel factory. The agreement allows for both parties to benefit through a closer relationship between them. 'By establishing a third production unit in Europe, we will be able to further develop our high level of service to our customers', says Toine Peters, executive vice-president, sales and marketing. 'The added value that CPS Color can give to their customers - also outside the paint and coatings industry - requires our consistent attention.' CPS Color will not only take over the factory but also all the personnel involved. According to Toine Peters: 'The personnel is a crucial factor in this deal.' He adds: 'The specific knowledge and skills of the Sneek employees form a substantial contribution to our company.'

Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.