A merger of equals to create a world-leading coatings company.

We are pleased to share that AkzoNobel and Axalta have agreed to combine in a merger of equals which will create a world-leading coatings company.

By combining our complementary portfolios, we’ll be able to better serve customers and industries globally, with leading positions in automotive OEM, automotive refinish, general industrial, powder coatings and coil coatings, as well as being a major force in decorative paints.

The intended transaction, which is subject to customary closing conditions and regulatory approvals, is expected to be completed in late 2026 to early 2027.

In the meantime, both companies will continue to operate on a fully separate and independent basis.

We deeply value your relationship, and we’re fully committed to providing you with the same high level of service and supply you’ve come to expect from us and our brands.

Thank you for your trust and loyalty. We’ll keep you updated as the regulatory process moves forward, and we appreciate your continued support.

Kind regards,

Maximilien Schréder
Business Director – North America AkzoNobel Automotive & Specialty Coatings