Axalta Coating Systems (NYSE:AXTA) announced its acquisition of Ellis Paint Company, a manufacturer of industrial and automotive refinish paint in North America. Financial terms of the transaction were not disclosed.
Michael Cash (seated left), Senior Vice President and President, Industrial Coatings of Axalta Coating Systems and Sandy Berg, President and CEO of Ellis Paint Company, joined by members of Axalta and Ellis management.
Founded in 1887, Ellis Paint Company is a well-known manufacturer and distributor of a strong portfolio of coating products suited for an extensive array of industrial applications and substrates including steel, concrete and wood, shipping vessels and
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