50 SKY SHADES - World aviation news

Investment to Strengthen AkzoNobel’s Global Position in Aerospace Coatings

Download: Printable PDF Date: 11 Nov 2019 11:28 (UTC) category:
Publisher:
Investment to Strengthen AkzoNobel’s Global Position in Aerospace Coatings - Finance publisher
Dana Ermolenko
Aircraft: Airplanes

Seabury Capital announced that its London-based Aerospace and Defense Investment Banking team assisted AkzoNobel, a global leader in aerospace coatings, during its acquisition of French aerospace coatings manufacturer, Mapaero. 

The acquisition is intended to strengthen AkzoNobel’s global position as an innovative leader in eco-friendly aerospace coatings, notably in the structural and cabin coating sub-segments, and contribute directly towards its 2020 guidance.

“Our team, led by Director of A&D Investment Banking, Nicolas Dellachiesa, assisted AkzoNobel’s corporate development group in conducting the key initial negotiations for the Mapaero acquisition,” noted Seabury Capital’s Senior Managing Director, Corporate Finance and Investment Banking, as well as Seabury Corporate Finance’s President & CEO Patrick Henry Dowling. “Nicolas’s expertise in the A&D and financial sectors was key to giving the AkzoNobel team an edge by providing them with insights on value and what price to offer to Mapaero’s shareholders.” 

Established in 1992 and specializing in sustainable water-based and advanced eco-friendly products, Mapaero operates a production facility in France and has around 140 employees. For details on the transaction and AkzoNobel, visit www.akzonobel.com

Dellachiesa emphasized the importance of his team’s local industry knowledge and connections in successfully assisting the AkzoNobel team in “dealing with complex negotiations where nuance and accurate messaging was critical in resolving outstanding issues.”





Recommended

Boeing: Africa’s airplane fleet will more than double by 2045 to meet rising air travel demand

Africa’s rapidly expanding urban youth population, rising middle class and accelerating infrastructure development are set to propel passenger traffic growth of nearly 6% per year through 2045,...

Aruba and San Marino Civil Aviation Authorities execute new regulatory oversight agreement

The Department of Civil Aviation Aruba (DCAA) and the San Marino Civil Aviation Authority (SMCAA) have signed a new regulatory oversight agreement that enables San Marino‑registered aircraft to conduc...

BGS begins fueling cooperation with Airest at Kaunas and Riga airports

Baltic Ground Services (BGS), a global provider of ground handling and aircraft fueling services, has initiated cooperation with Airest, taking over into‑plane fueling operations at Kaunas (KUN) and R...

30 years, 800 guests and £20,000 raised – Luxaviation UK celebrates at the Aviation Polo Cup 2026

Aviation took the spotlight at Hurtwood Park Polo Club on Saturday, 5 September, where more than 800 guests gathered with Luxaviation UK and Castle Air for the 2026 edition of the Aviation Polo Cup. M...

Android Apps development in Riga, Latvia