Daimler Signs Supply Agreement With AkzoNobel Performance Coatings - Quick Facts

(RTTNews) - Daimler AG (DDAIF.PK) announced it has signed an agreement with AkzoNobel (AKZOY.PK) Performance Coatings making the company one of the approved suppliers of vehicle refinishes to Daimler dealerships and approved bodyshops worldwide. The contract covers the supply and support of AkzoNobel's Sikkens brand to the company's dealership network including Mercedes-Benz, Smart, and Mercedes-Benz commercial vehicles.

The company said the approval was achieved after extensive analysis and tests of Sikkens products and a thorough investigation of industrial and business processes run at AkzoNobel. Daimler said the partnership with AkzoNobel will support the company's growth plans in the worldwide body and paint business.