July 2026 Nippon Paint submitted a non-binding offer valued at approximately EUR 7.5 billion to acquire AkzoNobel’s Decorative Paints business. The proposed acquisition aims to expand Nippon Paint’s global decorative coatings portfolio and strengthen its international market presence.
May 2026 AkzoNobel rejected a joint acquisition proposal from Nippon Paint and Sherwin-Williams for the company and reaffirmed its planned merger with Axalta. The proposal would have separated AkzoNobel’s decorative paints and industrial coatings businesses under Nippon Paint.
November 2025 AkzoNobel announced a merger of equals with Axalta Coating Systems, creating one of the world’s largest coatings companies. The transaction strengthens the combined company’s decorative and industrial coatings portfolio while expanding its global manufacturing and innovation capabilities.
September 2025 Nippon Paint expanded its decorative coatings portfolio with the launch of new low-VOC interior paint solutions featuring enhanced durability and stain resistance, supporting growing demand for sustainable decorative coatings in Asia-Pacific.