Akzo Nobel announces EUR 22 million investment
Akzo Nobel ahs presented a plan that includes a EUR 22 million investment to establish the Montataire site as a flagship for decorative paint production.
According to company information, these measures are designed to rationalise, modernise, and optimise the company’s operations. The proposed plan focuses on streamlining operations. The company also plans to reorganise its commercial and support function and its distribution network, including the transfer of some outlets to independent partners and some closures.
Reduction of up to 211 positions
As a result of these operational changes, a reduction of up to 211 positions and the creation of 29 jobs is anticipated in France. The plan would be progressively implemented from May 2025 to the end of 2026. The consultation procedures for these plans have started with local social partners. The company currently has 1,300 employees in France.
