Axalta Coating Systems (NYSE:AXTA) has been certified as a “Premium Partner” by Mercedes-Benz aftermarket in China. Under the terms of the partnership designation, Axalta will provide its Spies Hecker Permahyd Hi-TEC waterborne coating products to Mercedes-Benz in China to support its collision repair business. Axalta also will provide color formulas to Mercedes-Benz dealer shops and […]
Axalta Breaks Ground on Asia Pacific Technology Center in Shanghai
Axalta Coating Systems (NYSE:AXTA) commenced construction of its Asia Pacific Technology Center (APTC) that it announced earlier this year. Scheduled to be operational in third-quarter 2016, the regional technology center will be equipped to undertake fundamental research and develop new coating applications, including the latest generation paint formulations, colors, resin development, dispersion technology, spray application […]
Axalta Launches Initial Public Offering
Axalta Coating Systems Ltd. announced today it has commenced an initial public offering of 45 million of its common shares. The shares will be offered by affiliates of The Carlyle Group. The anticipated initial offering price is between $18.00 and $21.00 per share. The move has been expected since August when CollisionWeek reported the company […]
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