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Axalta Coating Systems Ltd.
The merger between AkzoNobel and Axalta is proceeding on track with a target completion date in early 2027. As part of the regulatory approval process, the companies plan to divest AkzoNobel's European VR business and Axalta's North American Wood business. The transaction is expected to generate $600 million in cost synergies and a 100 to 200 basis point uplift in revenue synergies.…more
Axalta Coating Systems Ltd.
The merger between Akzo Nobel and Axalta is proceeding, with the confirmed divestment of the European Refinish business and the US Wood Coating business to satisfy antitrust regulatory requirements. These two businesses represent less than 500 million euros in combined revenue, and both companies are accelerating integration efforts to achieve over 600 million dollars in cost synergies post-merger.…more
Axalta Coating Systems Ltd.
Axalta Coating Systems is planning the divestiture of its North American Building Products business as part of the regulatory approval process for its merger with AkzoNobel. This divestiture is intended to satisfy regulatory requirements, and the merger remains on track to close in Q1 2027.…more
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Axalta to Divest North American Building Products Business for AkzoNobel Merger…more
Axalta plans to divest its North American Building Products business to satisfy regulatory requirements for its merger with AkzoNobel. The merger remains on track to close in the first quarter of 2027.…more
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Axalta has released its 2026-2027 global automotive color trends report, outlining design influences for the next three to five years. This report serves as a strategic guide for vehicle manufacturers and does not represent a direct financial contract or revenue-generating event.…more
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AkzoNobel and Axalta have announced that their combined company will be named Axanzo following the completion of their merger. The transaction is expected to close in early 2027, with both companies continuing to operate independently until that time.…more
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