CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Axalta Completes CoverFlexx Group Acquisition

Axalta Completes CoverFlexx Group Acquisition

July 3, 2024 By CollisionWeek Editor

Axalta Coating Systems (NYSE: AXTA) announced it completed the previously announced acquisition of The CoverFlexx Group from Transtar Holding Company. The CoverFlexx Group manufactures and sells coatings for automotive refinish and aftermarket applications, focused on economy customers in North America.

“The acquisition of The CoverFlexx Group further solidifies our excellent offerings in Refinish coatings,” said Chris Villavarayan, Axalta’s Chief Executive Officer and President. “As outlined at our recent Strategy Day, investing in growth in our Refinish business is a key priority of Axalta, and this acquisition advances that priority.”

Troy Weaver, Axalta’s President, Global Refinish, added, “We are thrilled to officially welcome our new team members to Axalta. We will work to make the integration as smooth as possible, while continuing to deliver on our commitments. I look forward to all we can accomplish together to grow the Refinish business.”

The CoverFlexx Group offers a wide range of primers, basecoats and clearcoats, as well as aerosols, fillers, bedliners, detailing products and paint shop accessories. Established brands include Transtar Autobody Technologies, Pro-Form and Aftermkt Armor products. The CoverFlexx Group has manufacturing and product development sites in Brighton, Mich. and Milton, Ontario, Canada.

Filed Under: News Tagged With: Acquisitions, Axalta Coating Systems

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Diagnostics Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • Backyard Competition: U.S. Collision Repair Non-Employers Reported Record Revenue in 2023 May 16, 2025
  • Lift Auto Group Acquires Collision Repair Center in Ontario, Canada May 16, 2025
  • AASPMN Announces New Board of Directors May 16, 2025
  • CAPA Warns of Counterfeit CAPA Marks and Misleading Advertising Claims May 16, 2025
  • Commercial Vehicle Industry Prevails in Lawsuit Against California Advanced Clean Fleets Rule May 16, 2025
  • Interview: Nikhil Naikal, CEO and Co-Founder of Kinetic May 15, 2025
  • CARSTAR Adds Collision Repair Center to Network in Groves, Texas May 15, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved · Log in