AkzoNobel said on Wednesday it plans to sell its 72 decorative paints stores for professionals in Germany to independent wholesale distributors to improve efficiency.
"The new set-up will allow AkzoNobel to select the most efficient distribution channels for its professional paint products, rather than operating its own stores," the company said in a statement, adding that it wants to enter into strategic partnership agreements with the future shop owners. No financial details were given.
Novo Nordisk recently announced changes to its executive leadership and Board of Directors.
Jens Birgersson becomes new Brenntag CEO
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
Building on the April 2025 announcement, Dow will take actions across its three operating segments to support European profitability, resulting in the closure of sites in Germany and the UK.
Oxea is returning to its old name and its roots.
