50 SKY SHADES - World aviation news

Investment to Strengthen AkzoNobel’s Global Position in Aerospace Coatings

Download: Printable PDF Date: 11 Nov 2019 06:28 category:
Publisher:
Investment to Strengthen AkzoNobel’s Global Position in Aerospace Coatings - Finance publisher
Krista Kuznecova
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.”



Loading comments for Investment to Strengthen AkzoNobel’s Global Position in Aerospace Coatings...


Recommended

Rebook free of charge until the end of February

Since the end of August, all fares of Lufthansa, SWISS, Austrian Airlines, Brussels Airlines and Eurowings can be rebooked as often as desired free of charge. Originally, this fare offer was valid for...

Continued expansion - SPARFELL San Marino received AOC

Congratulations SPARFELL San Marino on recently received its AOC from the Civil Aviation Authority of the Republic of San Marino. The first SPARFELL San Marino AOC aircraft in managemen...

Industry First 4-axis autopilot Flight Test for Airbus AS350 and H125 helicopters

Thales and StandardAero announced the successful first flight test of a revolutionary compact autopilot system that will bring Airbus AS350 and H125 helicopters into a new era of performance and safet...

French success story - ALSIM & the milestone of 100th ALX simulator

Cogratulations ALSIM, time to celebrate the milestone of its 100th ALX simulator sale!  It was in 2008 that we presented a new and innovative training concept that combined various aircraft types...