Akzonobel to Invest 22 Million Euros in France

Paint Production Akzonobel to Invest 22 Million Euros in France

2025-01-13 Source: Press release Akzonobel 1 min Reading Time

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With an aim to streamline its operations in France, Akzonobel has plans to invest 22-million-euros for establishing the Montataire site as a flagship for decorative paint production. With this initiative, the company intends to maintain its strong presence in France.

The company currently has 1,300 employees in France.(Source: Akzonobel) — The company currently has 1,300 employees in France.
(Source: Akzonobel)

Amsterdam/The Netherlands – Akzonobel presented a plan to its employee representatives and its employees in France that includes a 22-million-euro investment to establish the Montataire site as a flagship for decorative paint production. This initiative reflects the company’s long-term commitment to industrial excellence and to its operations in France.

These measures are designed to rationalize, modernize, and optimize Akzonobel’s operations, ensuring long-term success while maintaining its strong presence in France. The proposed plan focuses on streamlining operations. This will enhance competitiveness and drive sustainable growth.

The company also plans to reorganize its commercial and support function and its distribution network, including the transfer of some outlets to independent partners and some closures.

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.

In 2024, Akzonobel as part of its Industrial Excellence program already announced the closure of its manufacturing sites in Groot-Ammers (the Netherlands), Cork (Ireland) and Lusaka (Zambia). Production from these sites has been transferred to other locations in the region.

The company currently has 1,300 employees in France.

(ID:50282330)

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