According to a report by Reuters, PPG Industries Inc. (NYSE:PPG) and the private equity firm Clayton, Dubilier & Rice LLC (CDR) are among groups considering acquiring Axalta Coating Systems Inc. (NYSE:AXTA). Also reported to be considering a bid for Axalta is a partnership between Platinum Equity LLC, and Koch Industries Inc. According to Reuters, the […]
Axalta Sells Its 60,000th Spectrophotometer
Axalta Coating Systems (NYSE:AXTA) today announced that it has sold its 60,000th spectrophotometer, with 10,000 sold in the past 15 months. The company attributes the rapid increase in recent sales mainly to a strong global digitization trend. These increasingly popular handheld digital tools are an accurate and fast way of color matching that boost the […]
Troy Weaver Promoted to Vice President, Global Refinish at Axalta
Axalta Coating Systems Ltd. (NYSE: AXTA) announced that Troy Weaver has been promoted to Vice President, Global Refinish, effective immediately. Weaver will report directly to Axalta’s CEO, Robert Bryant. “We are thrilled to promote Troy to head up our Global Refinish business and add him to Axalta’s Leadership Team,” said Bryant. “Troy’s experience, in virtually […]
Axalta Names Barry Snyder Chief Operations and Supply Chain Officer
Robert Roop promoted to Chief Technology Officer. Axalta Coating Systems Ltd. (NYSE:AXTA) announced that Barry Snyder has been named Senior Vice President and Chief Operations and Supply Chain Officer and Robert Roop has been promoted to Vice President and Chief Technology Officer, effective immediately. Dr. Snyder will continue to serve on Axalta’s leadership team, while […]
Axalta and Podium Partner to Help Collision Repair Shops Boost Online Reputations
Axalta Coating Systems (NYSE:AXTA) today announced a partnership with Podium the online platform for small businesses. Axalta will integrate its proprietary collision management software, ProfitNet, with Podium’s Reviews/Interaction Management platform. ProfitNet users will now have greater access to customer reviews and the ability to increase business awareness, build a positive reputation online, and drive successful […]
Axalta Opens Refinish Customer Training Center in South Africa
Axalta Coating Systems (NYSE:AXTA) announced the official opening of its new Refinish Training Center in Midrand, Johannesburg, South Africa. The 1000 square meter (10,764 sq. ft.) training center, that was announced last year, is home to Axalta’s global refinish brands Spies Hecker, Standox, Duxone, Challenger and Nason Finishes. In addition to space for theoretical training, […]
Axalta Appoints Refinish Business Director for UK and Scandinavia
Axalta announced the appointment of Farrell Dolan as Regional Refinish Business Director UK & Scandinavia and Managing Director Axalta UK Limited, that was effective June 1. Dolan joins Axalta from Bridgestone Corporation where he ran the car tire business for Northern Europe for five years. Before that, he spent 12 years working in the OEM […]
Mark Garrett Assumes Chairman Role on Axalta Board of Directors
Charlie Shaver resigns from board. Axalta Coating Systems Ltd. (NYSE: AXTA) today announced that Charlie Shaver has resigned as Chairman of its Board of Directors, effective June 30, to focus on other professional commitments. The Board of Directors has appointed current Independent Presiding Director Mark Garrett as its new Chairman. Mr. Garrett also serves as […]
Axalta Announces Review Of Strategic Alternatives
Publicly-traded coatings manufacturer considers potential sale of company. Axalta Coating Systems Ltd. (NYSE: AXTA) today announced that its Board of Directors has initiated a comprehensive review of strategic alternatives to maximize shareholder value. The Board has formed a Strategic Review Committee, which will be chaired by the Independent Presiding Director of Axalta’s Board, Mark Garrett, […]
Axalta to Build New Refinish Facility in the Netherlands
Axalta (NYSE:AXTA) announced it has signed an agreement to develop a new, state-of-the-art facility in Tiel, Netherlands for its refinish business. Once construction is completed, Axalta’s global refinish brands – Cromax, Spies Hecker, Standox and Syrox – will relocate from their current location to the new facility on Business Park Medel, both in Tiel, in […]
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