Axalta Coating Systems to acquire The CoverFlexx Group from Transtar Holding Company
Acquiring Company
Axalta Coating Systems Ltd
Acquired Company
The CoverFlexx Group
PhiladelphiaManufacturingManufacturingAutomotiveDescription
Axalta Coating Systems, a prominent global coatings company, has signed a definitive agreement to acquire The CoverFlexx Group from Transtar Holding Company. This strategic move is expected to accelerate Axalta's growth trajectory and expand its portfolio in automotive aftermarket solutions.
Quick answer
Axalta Coating Systems Ltd is acquiring The CoverFlexx Group, announced May 13, 2024. Axalta Coating Systems Ltd is based in Philadelphia, Pennsylvania, United States.
- How much did Axalta Coating Systems Ltd pay for The CoverFlexx Group?
- The deal value was not disclosed.
- What does Axalta Coating Systems Ltd do?
- Axalta Coating Systems Ltd. is a leading global manufacturer and distributor of high-performance coatings systems and products, founded in 2012 and headquartered in Bermuda.
- Where are Axalta Coating Systems Ltd and The CoverFlexx Group based?
- Axalta Coating Systems Ltd is based in Philadelphia, Pennsylvania, United States.
- Who are the decision-makers at Axalta Coating Systems Ltd?
- Fundz holds 5 contacts at Axalta Coating Systems Ltd. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired The CoverFlexx Group?
The CoverFlexx Group was acquired by Axalta Coating Systems Ltd, based in Philadelphia. The deal was reported on May 13, 2024. Axalta Coating Systems Ltd. is a leading global manufacturer and distributor of high-performance coatings systems and products, founded in 2012 and headquartered in Bermuda. Axalta Coating Systems Ltd is publicly traded (AXTA) and operates in Manufacturing.
When did Axalta Coating Systems Ltd acquire The CoverFlexx Group?
Axalta Coating Systems Ltd's acquisition of The CoverFlexx Group was reported on May 13, 2024. Axalta Coating Systems, a prominent global coatings company, has signed a definitive agreement to acquire The CoverFlexx Group from Transtar Holding Company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does The CoverFlexx Group do?
The CoverFlexx Group, a subsidiary of Transtar Holding Company, specializes in manufacturing and distributing coatings for automotive refinish and aftermarket applications. It is privately held, operating in Manufacturing.
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