M&A
confidence high
sentiment positive
materiality 0.60
Axalta completes acquisition of The CoverFlexx Group from Transtar
Axalta Coating Systems Ltd.
- Acquisition of automotive refinish coatings maker CoverFlexx, focused on economy customers in North America.
- CEO Chris Villavarayan says deal advances key priority of investing in Refinish growth.
- CoverFlexx has manufacturing sites in Brighton, MI and Milton, Ontario.
- Brands include Transtar Autobody Technologies, Pro-Form, and Aftermkt Armor.