![]() ![]() ![]() In the earliest days of naval warfare, there was little distinction between sailors and soldiers on a warship. History Assyrian bireme with visible marines Ancient Greek trireme The Roman corvus The word marine means "navy" in many European languages such as Dutch, French, German, Italian and Norwegian. In French-speaking countries, two terms exist which could be translated as "marine", but do not translate exactly: troupes de marine and fusiliers-marins similar pseudo-translations exist elsewhere, e.g. The exact term "marine" does not exist in many languages other than English. In most countries, the marines are an integral part of that state's navy. Historically, tasks undertaken by marines have included helping maintain discipline and order aboard the ship (reflecting the pressed nature of the ship's company and the risk of mutiny), the boarding of vessels during combat or capture of prize ships, and providing manpower for raiding ashore in support of the naval objectives. Marines, or naval infantry, are typically a military force trained to operate in littoral zones in support of naval operations. The intended transaction follows on from a series of recent acquisitions by AkzoNobel across the paints and coatings industry over the last 18 months, which have included Titan Paints in Spain and New Nautical Coatings in the US.Military organization specialized in amphibious warfare Marines aboard USS Wasp engage HMS Reindeer. It’s therefore expected that joining AkzoNobel’s “Let’s Colour” program with the expertise of the Pintuco Foundation will provide fresh impetus for further improving the quality of life for people in local communities throughout the region. Both companies also share a strong belief in the transformative power of colour and a highly committed approach to sustainability. In addition to creating value from global and regional product and service innovation, the intended acquisition will enable AkzoNobel to better serve customers across more geographies, as well as accessing new markets. Likewise, we find great opportunities for the development of our employees and our clients, who will be able to access an enlarged and more complete portfolio.” We strongly believe there are several benefits, such as access to technology and innovation pipelines. We’ll be able to access highly complementary geographical positions in several new countries, including Colombia, which is the third largest in the region.”Ĭommenting on the deal, Andres Bernal, Grupo Orbis CEO, said: “This agreement represents an important growth opportunity for Orbis Group’s companies. “It will expand our long-term position across South America by establishing us as a frontrunner in the Andean region and in Central America, where several countries are high on the global growth rankings for the next decade.”ĭaniel Campos, the company’s Regional Director for South America added: “It’s an historic opportunity that offers attractive growth potential across both paints and coatings. “This is an excellent intended acquisition which aligns perfectly with our Grow and Deliver strategy of creating leading global positions and driving growth in emerging markets,” explained Thierry Vanlancker, AkzoNobel CEO. The transaction includes the Pintuco paints and coatings business, Andercol and Poliquim (resins) and Mundial (distribution and services). Present in ten countries in South America, Central America and the Antilles, Grupo Orbis has consolidated revenue of around €260 million. Completion is subject to regulatory approvals and is expected by end of this year, or in early 2022. AkzoNobel is to further expand its long-term position in South and Central America after reaching an agreement to acquire Colombia-based paints and coatings company Grupo Orbis. ![]()
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