AkzoNobel announces the intention to close the manufacturing sites of Groot-Ammers (The Netherlands), Cork (Ireland) and Lusaka (Zambia). AkzoNobel then plans to transfer the production to other locations in the region. This intention is the first part of a multi-year industrial efficiency plan to be fully finalized by the end of 2026.
Strategy to Drive Sustainable Growth
The intended site closures align with AkzoNobel's strategic priorities and its commitment to industrial excellence. AkzoNobel focuses on units with scale and higher cost efficiencies. This will enable AkzoNobel to rationalize, upgrade and optimize its industrial network to improve competitiveness and drive sustainable growth.
The related social partners have been informed about the intended closures and next steps. Finalization will follow after the usual consultation process with employees and local social partners. AkzoNobel is an innovative paints and coatings supplier.
Source: AkzoNobel