Tag: Paint

Akzo Nobel and Axalta Merger Shakes Up Paint Industry

Dutch paint maker Akzo Nobel is splashing into US with plans to buy Philadelphia-based rival Axalta Coating Systems for roughly $9.2 billion in stock. The move will create the world’s second-largest coatings company, trailing only Cleveland-based Sherwin-Williams. The deal is part of a wave of consolidation that recently saw private equity firm Carlyle buy BASF’s…

December 8, 2025

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Akzo Nobel and Axalta Merger Shakes Up Paint Industry