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Akzo Nobel has acquired the French aerospace coatings manufacturer Mapaero

AkzoNobel N.V. has acquired the French aerospace coatings manufacturer Mapaero. The acquisition will create synergies and will further strengthen the company’s global position in aerospace coatings, notably in the structural and cabin coating sub-segments.

Established in 1992 and specializing in sustainable water-based and advanced eco-friendly products for aircraft coatings and paintings, Mapaero operates a production facility in France and has sales offices in the UK, Germany, USA and Hong Kong. With 140 employees, the group produces between 400–500 references, divided into four categories: aircraft structure, interior, exterior and special coatings. Mapaero excels in structure and cabin interior coatings.

AkzoNobel is a leading global paints and performance coatings company. The company’s expertise has set the standard in color and protection since 1792. Its world class brand portfolio includes Dulux, International, Sikkens and Interpon. Headquartered in the Netherlands, AkzoNobel is active in more than 150 countries and employs around 34,500 people. The strength of the deal lies in the obvious synergies. Mapaero excels in interior coatings (for cabins) and structural elements used during the manufacturing of an airplane.

Oaklins’ aerospace & defense team in France assisted Mapaero and its shareholders throughout the sale process. The team approached investment funds and companies around the world and structured the most attractive transaction for its client. Oaklins’ A&D specialist team in California supported the transaction and the team in the Netherlands approached and helped with the negotiations with the buyer.

Parties
“We are very excited about this integration process with AkzoNobel, whose experience and engagement will be a real asset to Mapaero’s development, and we are looking forward to this new chapter for our company. Thanks to Oaklins’ support in France and abroad, from its office in California to the team in the Netherlands, we have been able to complete this transaction. Special thanks to the team in Toulouse!”

Eric Rumeau

CEO, Mapaero

Talk to the deal team

Raphaël Petit

Managing Partner
Toulouse, France
Oaklins France

Xavier Auvergnat

Partner
Toulouse, France
Oaklins France

Robert Boersma

Partner
Amsterdam, Netherlands
Oaklins Netherlands

Stephen Perry

Managing Director
Irvine, United States
Oaklins Janes Capital

Sophie Zanella

Associate Director
Toulouse, France
Oaklins France

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