Axalta Showcases Colorful, Durable Imron Elite Coatings at ExpoCam
April 12, 2017.
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will showcase its premium commercial brand of Imron ® Elite polyurethane coatings for fleet vehicles, body builders and heavy duty trucks at ExpoCam held April 20-22, 2017 at Place Bonaventure in Montréal, Quebec . Axalta invites attendees to visit booth #5027 on Level 400 to speak with its coatings experts about Imron Elite products, color tools, and the superior customer service available to commercial transportation businesses. Axalta’s innovative color research scientists developed Imron Elite coatings in more than 26,000 solid, metallic and pearl color formulas. Designed to provide colorful, tough and durable performance, Imron Elite is the paint of choice for six of the seven major Class 8 truck manufacturers in North America. “Axalta’s Imron Elite products are ideal for fleet owners, operators, dealers and repair facilities who require industry-leading corrosion protection, outstanding...
Axalta Coating Systems to Acquire Valspar's North American Industrial Wood Coatings Business
April 12, 2017.
Axalta Coating Systems (NYSE:AXTA), a leading global supplier of liquid and powder coatings, announced today that it has entered into a definitive agreement with The Valspar Corporation (NYSE:VAL) and The Sherwin-Williams Company (NYSE:SHW) to acquire the assets related to Valspar’s North American Industrial Wood Coatings business for $420 million in cash. Valspar is divesting the business in connection with the reviews by the Federal Trade Commission (FTC) and Canadian Competition Bureau (CCB) of the proposed acquisition of Valspar by Sherwin-Williams . The business had revenues of approximately $225 million in 2016 and is one of the leading providers of coatings for OEM and aftermarket Industrial Wood markets, including building products, cabinets, flooring and furniture in North America . Known in the market today as Valspar Wood, the business has a number of widely known and respected brands including Zenith®, Lustre Lac™ and Graintone™, among others. These products are backed by...