Akzonobel to Close Three Manufacturing Sites

Future Goals Akzonobel to Close Three Manufacturing Sites

2024-05-27 Source: Press release Akzonobel 1 min Reading Time

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Akzonobel has plans to close three manufacturing sites in The Netherlands, Ireland and Zambia respectively. The move is in line with the company’s strategic priorities and its commitment to industrial excellence.

By focusing on units with scale and higher cost efficiencies, Akzonobel aims to rationalize and optimize its industrial network to improve competitiveness and drive sustainable growth.(Source: Akzonobel) — By focusing on units with scale and higher cost efficiencies, Akzonobel aims to rationalize and optimize its industrial network to improve competitiveness and drive sustainable growth.
(Source: Akzonobel)

Amsterdam/The Netherlands – Akzonobel has announced the intention to close the manufacturing sites of Groot-Ammers (The Netherlands), Cork (Ireland) and Lusaka (Zambia) and 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.

The intended site closures align with Akzonobel's strategic priorities and its commitment to industrial excellence. By focusing on units with scale and higher cost efficiencies, Akzonobel aims 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.

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