A subsidiary of Dutch multinational paints and coatings giant AkzoNobel N.V. has entered liquidation.
In a Gazette notice published under the Insolvency Act, Harveen Gadhoke of Adili Associates LLP was appointed liquidator of Akzo Nobel Kenya Limited on December 2, 2025, following a shareholders’ resolution.
The appointment was formally gazetted on December 3, 2025.
“NOTICE is given that Harveen Gadhoke, of Adili Associates LLP, ALN House, Eldama Ravine Close, off Eldama Ravine Road, Westlands, Nairobi and PO Box 764-00606, Nairobi was appointed as the Liquidator of Akzo Nobel Kenya Limited, company number PVT/2016/026624, pursuant to the resolution of the shareholders made on the 2nd Day of December 2025 in accordance with the provisions of the Insolvency Act, 2015,” read part of the gazette.
Parties with claims against the company must submit written claims, accompanied by supporting documentation and proof of debt, to the liquidator by December 23, 2025.
Akzo Nobel Kenya Ltd liquidator appointed
In addition, the notice states that the liquidator will act as an agent of the company and bears no personal liability.
“Any party having a claim against the Company should submit their claim in writing, together with relevant supporting documentation and a proof of debt, Form No 5 under the Insolvency Regulations, to the Liquidator on or before 23rd December 2025 for consideration,” the notice adds.
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Akzo Nobel Kenya Limited was registered in 2016 and operates as part of Dutch multinational AkzoNobel’s African footprint, handling the importation and distribution of paints and coatings for decorative and industrial use.
Its portfolio includes internationally recognised brands such as Dulux, Sikkens, and Dynacoat, serving both consumers and specialised sectors, including automotive and industrial coatings.
Globally, AkzoNobel N.V. is headquartered in Amsterdam, Netherlands, and traces its roots back more than three centuries through a series of European industrial enterprises.
The modern company was formed in 1994 following the merger of Akzo N.V. and Nobel Industries AB. It operates in more than 150 countries and employs about 33,000 people worldwide.
The group specialises in paints, coatings, and specialty chemicals, supplying products for sectors ranging from construction and automotive to marine and aerospace.
AkzoNobel has also pursued an active acquisition strategy globally, with recent deals in Europe, the United States, and Latin America, alongside a stated focus on innovation, sustainability, and environmentally friendly production processes.
In June 2022, AkzoNobel agreed to acquire the African business of Japan’s Kansai Paint, which was to end years of intense competition between the two rivals in the region.
The transaction was to cover operations in Kenya, Uganda, Tanzania, Zanzibar, and Burundi, where Kansai Paint traded under the Plascon brand and held the largest market share in East Africa.
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At the time, Kansai Paint’s African business employed about 2,500 people across 19 manufacturing sites and 30 warehouses, with consolidated regional revenues exceeding Ksh32 billion.
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The acquisition was positioned as a strategic move to strengthen AkzoNobel’s growth platform in Africa.
However, AkzoNobel and Kansai Paint in November 2023 mutually agreed not to proceed with the company’s intended acquisition of Kansai’s paints and coatings activities in Africa.
“It’s disappointing that this intended acquisition cannot move forward, but we remain committed to our strong businesses and leading brands in Africa. As AkzoNobel’s performance rebound gathers pace, we’ll remain focused on our key priorities, including the strengthening of our balance sheet, which will be accelerated,” AkzoNobel CEO, Greg Poux-Guillaume, said.
The two companies further agreed that no break-up fee would be involved.
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