Lankwitzer's Rims and Wheel business operates out of a manufacturing site in Leipzig, Germany. Its products are approved for use by car manufacturers such as Daimler, Audi, VW, Opel, Fiat and Renault. "Acquiring this attractive business will complement our existing powder coatings portfolio and expand the range of innovative products we supply," explains Michael Friede, Akzo Nobel's Chief Commercial Officer - Performance Coatings. "We'll be able to provide a comprehensive liquid and powder aluminum wheel coating offering to customers, becoming a one-stop-shop for the wheels industry, which will significantly reinforce our position in an important automotive market." Friede adds that ...