Will become part of Axalta Axcess, its European direct-to-customer sales and distribution network. Axalta announced in February the acquisition of three distributors in Europe, which will become part of the Axalta Axcess network. Axalta Axcess is Axalta’s direct-to-customer sales and distribution solution designed to make ordering, delivery and aftersales support for European customers convenient, reliable […]
Axalta Reports Record Fourth Quarter and Full Year Sales
Axalta Coating Systems Ltd. (NYSE:AXTA) announced Record fourth quarter net sales of $1.3 billion for the fourth quarter ended December 31, up 1% versus the fourth quarter of 2023. Sales for the full year were a record $5.3 billion. Axalta’s Performance Coatings segment fourth quarter 2024 net sales, which includes refinish, were $843 million, down […]
Tim Bowes Named President, Global Industrial Coatings at Axalta
Axalta Coating Systems Ltd. (NYSE: AXTA) announced that Tim Bowes has been appointed President, Global Industrial Coatings, effective January 27. Bowes will succeed Shelley Bausch who will be stepping down from her role. Most recently, Mr. Bowes served as Axalta’s Senior Vice President and Chief Transformation Officer. Prior to joining Axalta, he served as Senior […]
Axalta and Dürr Partner on Automotive OEM Digital Paint Technology
Axalta Coating Systems (NYSE: AXTA) and Dürr Systems AG, a mechanical and plant engineering firm, have entered into a partnership to provide a digital paint solution, combining Axalta’s NextJet technology with Dürr’s robotics integration. Digital paint, also referred to as overspray-free application, is an advanced paint application that allows for precise paint placement. Under the […]
Axalta Named as a Global Partner to BMW Group in Over 50 Countries
Axalta (NYSE: AXTA) has been named as a recommended refinish supplier for BMW Group where BMW private paint label, ColorSystem, is not present. The new agreement, effective from January 2025, is valid for several years and includes BMW Group’s network of dealerships and collision repair shops in over 50 countries worldwide. BMW Group has also […]
Axalta Marks 10 Years as a Public Company by Ringing the NYSE Opening Bell
Chris Villavarayan, CEO and President of Axalta Coating Systems (NYSE: AXTA) and Rakesh Sachdev, chair of the board, yesterday commemorated 10 years as a publicly traded company by ringing the opening bell at the New York Stock Exchange (NYSE). Axalta’s senior leadership team and employees from the Philadelphia area also participated in this highly respected […]
Axalta Celebrates Opening of Global Headquarters in the Philadelphia Navy Yard
Axalta (NYSE: AXTA) has announced its global headquarters at the Philadelphia Navy Yard, marked by a ceremonial ribbon-cutting and an employee appreciation event. This strategic relocation from Delaware County to the Navy Yard integrates the headquarters with Axalta’s Global Innovation Center, unifying operations under the ONE Axalta initiative to enhance collaboration and streamline decision-making. “We […]
Axalta and 3M Collaborate on Refinish Training Series
3M and Axalta yesterday announced a collaboration to introduce a new training content series focused on automotive refinishing. The series will feature five co-branded training modules, each intended to meaningfully help technicians and shops improve their understanding of repair process practices and drive greater operational outcomes. The brand-agnostic and accessible educational video content produced by […]
Axalta Reports Record Third Quarter Sales
Axalta Coating Systems Ltd. (NYSE:AXTA) announced third quarter 2024 net sales increased 0.8% year over year to a third quarter company record of $1.32 billion as contribution from the CoverFlexx acquisition announced earlier this year and volume growth were partially offset by contractual raw material index impacts and mix headwinds. Net income in the quarter […]
Axalta Introduces Cloud-Based Platform for Refinish Customers to Improve Productivity and Performance
Axalta (NYSE: AXTA) announced the launch of Axalta Nimbus, its global customer experience platform for refinish customers. This technology seamlessly connects customers to all of Axalta’s tools and resources to improve efficiency, enhance productivity, boost performance, and maximize profitability. Axalta Nimbus provides a cohesive, end-to-end experience for customers around the globe. With Axalta Nimbus, customers […]
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