---
schema_version: "secwatch.filing_event.v1"
accession: "0001616862-24-000037"
form_type: "8-K"
ticker: "AXTA"
cik: "0001616862"
company_name: "Axalta Coating Systems Ltd."
filed_at: "2024-05-13T23:59:59+00:00"
generated_at: "2026-06-02T02:22:05.965554+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Axalta acquires The CoverFlexx Group for $285M cash plus up to $10M earnout

## Summary
- Initial cash consideration $285M; additional $10M earnout based on 2024 performance; closing expected Q3 2024.
- Target had $78M revenue (2023), 120+ employees, brands include Transtar, Pro Form, Aftermkt Armor.
- Acquisition expands Axalta's Refinish business in North American economy segment.
- Manufacturing sites in Brighton, Michigan and Milton, Ontario included.

## SEC filing metadata
- accession: 0001616862-24-000037
- form_type: 8-K
- ticker: AXTA
- cik: 0001616862
- company_name: Axalta Coating Systems Ltd.
- filed_at: 2024-05-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616862/000161686224000037/0001616862-24-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616862/000161686224000037/axta-20240513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001616862-24-000037
- JSON: https://secwatch.observer/filing/0001616862-24-000037.json
- Plain text: https://secwatch.observer/filing/0001616862-24-000037.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.