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Investment to strengthen AkzoNobel’s global position in aerospace coatings

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Investment to strengthen AkzoNobel’s global position in aerospace coatings

Seabury Capital Group has said that its London-based Aerospace and defense investment banking team assisted AkzoNobel, a global leader in aerospace coatings, during its acquisition of French aerospace coatings manufacturer, Mapaero.

The acquisition is intended to strengthen AkzoNobel’s global position as an innovative leader in eco-friendly aerospace coatings, notably in the structural and cabin coating sub-segments, and contribute directly towards its 2020 guidance.

Seabury corporate finance president & CEO Patrick Henry Dowling commented: “Our team, led by Director of A&D Investment Banking, Nicolas Dellachiesa, assisted AkzoNobel’s corporate development group in conducting the key initial negotiations for the Mapaero acquisition.

“Nicolas’s expertise in the A&D and financial sectors was key to giving the AkzoNobel team an edge by providing them with insights on value and what price to offer to Mapaero’s shareholders.”