Established in 1992, Mapaero specialises in water-based and advanced eco-friendly products. It operates one production plant in France and employs around 140 people. The aerospace coatings producer is based in Pamiers, Southwestern France. The Dutch paints and coatings group said the intended acquisition will strengthen its global position in aerospace coatings, notably in structural and cabin coatings, and contribute directly toward delivering its 2020 guidance. The company regards itself as the global leader in aerospace coatings, a market that Thierry Vanlancker, CEO of Akzo Nobel, said is growing steadily. "The transaction will enable us ...
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