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You are here: Home / Archives for Axalta Coating Systems

Axalta Refinish Business Receives Global Leadership Award

March 8, 2018 By CollisionWeek Editor

Based on its recent analysis of automotive refinish coatings market, Frost & Sullivan recognized Axalta Coating Systems (NYSE:AXTA) with its 2017 Global Market Leadership Award. Axalta has successfully established itself as a leader in providing best-in-class products and superior customer value through its focus on continuous innovation and dedication to maintaining strong customer relationships. “Axalta’s […]

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

Axalta Acquires Manufacturing and Distribution Site in Sacramento

March 7, 2018 By CollisionWeek Editor

Facility will expand Axalta’s West Coast presence and support growth of industrial and refinish businesses Axalta (NYSE:AXTA) announced that it has acquired a state of the art manufacturing and distribution facility in Sacramento, Calif. to support growth in its North American Industrial and Refinish businesses. Financial terms of the transaction were not disclosed. “Axalta has […]

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

2018 Winter Olympic Athletes Sport Axalta Coatings

February 13, 2018 By CollisionWeek Editor

Axalta Ski Coatings

Axalta Coating Systems (NYSE:AXTA) has worked behind the scenes to provide coatings that are designed to protect and beautify ski equipment at the Winter Olympics taking place in Pyeongchang County, South Korea. This is not the first time Axalta’s coatings have proved themselves at a global sporting event. Last year, many of the skiers at […]

Filed Under: News Tagged With: Axalta Coating Systems

Axalta Reports Sales Up 7% in 2017

February 6, 2018 By CollisionWeek Editor

For the year, net sales were $4.35 billion, up 7.0 percent versus 2016, largely driven by acquisition contribution. Refinish up 4.7 percent in Q4 benefiting from currency translation. Axalta Coating Systems Ltd. (NYSE:AXTA) announced its financial results for the fourth quarter and full year ended December 31. Axalta reported net sales of $1,164.8 million for […]

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

Axalta and Nippon Paint End Acquisition Talks

December 1, 2017 By CollisionWeek Editor

Axalta Coating Systems (NYSE:AXTA) yesterday confirmed that its previously announced discussions on a possible acquisition by Nippon Paint have ended. According to Axalta, Nippon Paint’s Board of Directors were unwilling to meet Axalta’s expectations regarding the value of the company and assume the financial leverage necessary for the deal. “Axalta is a premier company in […]

Filed Under: News Tagged With: Acquisitions, AkzoNobel, Axalta Coating Systems, Nippon Paint

Axalta Confirms Acquisition Discussions with Nippon Paint

November 27, 2017 By CollisionWeek Editor

Following closely on the announcement that it had ended talks with AkzoNobel on a possible merger, Axalta Coating Systems (NYSE:AXTA) confirmed Wednesday, November 22 it has entered into discussions with Nippon Paint over a possible sale to the Japan-based coatings manufacturer. In a statement released Wednesday Axalta confirmed the discussions saying “Axalta today confirmed that […]

Filed Under: News Tagged With: Acquisitions, AkzoNobel, Axalta Coating Systems, Nippon Paint

AkzoNobel and Axalta End Merger Discussions Without Agreement

November 21, 2017 By CollisionWeek Editor

AkzoNobel Axalta

AkzoNobel N.V. (OTCMKTS:AKZOY) and Axalta Coating Systems (NYSE:AXTA) announced this afternoon that they have ended their discussion into a possible merger without an agreement to combine the companies. On October 30, both AkzoNobel and Axalta confirmed they were engaged in discussions into a possible “merger of equals” of the two global coatings companies. According to […]

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

AkzoNobel and Axalta Confirm Merger Discussions

October 30, 2017 By CollisionWeek Editor

AkzoNobel Axalta

Following press reports on Friday and over the weekend, the coatings manufacturers confirmed they have had discussions on a potential merger of equals AkzoNobel and Axalta Coating Systems confirmed today that they have engaged in discussions about a possible merger of the two global coatings companies. On Friday afternoon, Reuters reported that unnamed sources indicated […]

Filed Under: Feature Tagged With: Acquisitions, AkzoNobel, Axalta Coating Systems

Axalta Reports 7% Sales Increase in Third Quarter

October 26, 2017 By CollisionWeek Editor

Refinish sales down on distributor working capital adjustments and Venezuela deconsolidation. Axalta Coating Systems Ltd. (NYSE:AXTA) announced net sales of $1.091 billion for the third quarter of 2017 that ended September 30, an increase of 7.0 percent, including 1.9 percent in favorable foreign currency translation contribution. Constant currency net sales increased 5.1 percent in the […]

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

Joseph McDougall Appointed President Global Refinish at Axalta

September 25, 2017 By CollisionWeek Editor

Joseph F. McDougall has been named Senior Vice President and President, Global Refinish at Axalta Coating Systems (NYSE:AXTA). In this new role at the company, McDougall will be responsible for Axalta’s global refinish business which provides coatings, application technologies and service and support resources to customers in the collision repair and vehicle aftermarket sectors in […]

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

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