Within the chemical industry, strategic buyers and investors have been showing considerable interest in the paints and coatings segment for several years. And thus the industry remains an attractive segment for acquisitions. Strategic investors strengthen their portfolios through targeted investments and divestments in order to focus on their specific niche. Financial investors often act as buyers in carveouts of larger companies. In other words, the spin-off, spin-off or sale of parts of a company to form a legally independent entity. The industry has been consolidating for 20 years and this development peaked in 2021 in terms of mergers ...