The Sherwin-Williams Company (NYSE:SHW) announced it has signed an agreement to acquire the European industrial coatings business of Sika AG. The transaction is expected to close in the beginning of 2022. Based in Germany with additional sales and technical support in Poland, Austria and Switzerland, Sika’s European industrial coating business engineers, manufactures and sells corrosion […]
Switzerland-Based AMAG Group and Solera Partner on AI-based Claims Estimating
Solera | Audatex today announced a collaboration with AMAG Import AG, the Switzerland-based mobility provider, to test its Artificial Intelligence (AI)-based claims estimating solution Qapter Intelligent Estimating. Following the initial pilot, the partners plan to assess the extent to which the solution can efficiently optimize accident claims recognition and reduce complexity. “At the AMAG Group, […]
Axalta Acquires Swiss Spies Hecker Distributor
Axalta Coating Systems (NYSE:AXTA) announced it has signed an agreement to acquire CH Coatings AG, an importer and distributor throughout Switzerland of Spies Hecker, one of Axalta’s refinish brands, in addition to Axalta’s line of industrial coatings and powder coatings. “CH Coatings has been successfully operating throughout Switzerland for many years and, like Axalta, always […]