Axalta Coating Systems

Axalta Coating Systems, LLC is a global coatings company headquartered in Glen Mills, Pennsylvania, that specializes in the manufacture and sale of liquid and powder coatings. Established in 2012, Axalta offers high-performance coating systems across a variety of sectors, including automotive, industrial, and architectural applications. The company operates through two primary segments: Performance Coatings, which serves refinish and industrial markets, and Mobility Coatings, which provides coating technologies for original equipment manufacturers of light and commercial vehicles. Axalta's product portfolio includes waterborne and solvent-borne coatings, thermoplastic and thermosetting powder coatings, and a range of specialized coatings for diverse applications. The company markets its products under various brand names, catering to a global customer base across North America, Europe, the Middle East, Africa, Asia Pacific, and Latin America.

Sobers Sethi

Vice President, Axalta Coating Systems and President, Emerging Markets

12 past transactions

CoverFlexx Group

Acquisition in 2024
CoverFlexx Group is a leading provider of solutions for automotive body shops, specializing in high-quality paint and detailing products. Serving various industries including automotive, aviation, industrial, and marine, the company offers a wide range of top-tier paints, primers, protective coatings, and detailing solutions. Known for exceptional customer service, robust technical support, and innovative technology, CoverFlexx Group ensures great value for its clients.

Capital Paints

Acquisition in 2019
Capital Paints LLC, founded in 2010 and headquartered in Ras Al Khaimah, United Arab Emirates, specializes in the manufacturing of industrial thermosetting powder coatings. The company focuses on architectural powder coatings and offers a range of powder paint products designed to meet the evolving needs of its customers. As of November 2019, Capital Paints operates as a subsidiary of Axalta Coating Systems Ltd.

Plascoat Systems

Acquisition in 2017
Plascoat Systems Limited is a manufacturer specializing in thermoplastic coating powders designed for metal protection applications. Established in 1952 and based in Farnham, United Kingdom, the company produces a range of products including PPA 571, a long-term protective coating for metals, and Talisman, a high-performance coating for wire dishwasher baskets. Other offerings include polyethylene powders, WireGuard F40 for wire products, and PPA 571 Aqua, which serves as an alternative to traditional cement lining in ductile iron pipes. Plascoat's coatings are suitable for various industrial applications, such as domestic appliances, metal fences, automotive parts, and oil and gas pipelines. The company distributes its products across the United Kingdom, Ireland, France, Benelux, and Germany through its facilities and a network of distributors. Plascoat Systems Limited operates as a subsidiary of Axalta Coating Systems Ltd.

Spencer Coatings

Acquisition in 2017
Spencer Coatings is an independent manufacturer of industrial coatings, specializing in products for heavy-duty equipment, general industries, oil and gas, and glass coatings. The company provides a range of tailor-made corrosion control coatings applicable to various steel structures, as well as water-based coatings and solutions for concrete, wood, and other substrates. By focusing on the specific needs of coatings users and specifiers, Spencer Coatings ensures that its products effectively enhance the durability and longevity of clients' equipment and products. Their ability to deliver customized solutions quickly and efficiently positions them as a reliable partner in the industrial coatings market.

Valspar - Industrial Wood Coatings business

Acquisition in 2017
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 a strong R&D and technology organization and best-in-class customer service.

Century Industrial Coatings

Acquisition in 2017
Century Industrial Coatings, Inc. is a manufacturer of custom industrial coatings based in Jacksonville, Texas. Established in 1966, the company specializes in producing a range of high-performance coatings, including waterborne, low VOC, and solvent-based options. Its products cater to various industries, such as steel building, oil and gas, and rail transportation, and are designed to meet specific customer requirements for appearance, durability, and application. Century's offerings include coatings for coil, millwork, OEM products, steel doors, storage tanks, and structural steel, among others. With a strong emphasis on research and development, the company has evolved from a regional player to a global leader in coatings technology, recognized for its commitment to quality and environmental compliance.

Ellis Paint

Acquisition in 2017
Ellis Paint Company, founded in 1887, is a manufacturer and distributor of industrial paints and coatings based in Los Angeles, California. Initially established in Montana, the company relocated to Long Beach in the 1930s, where it began focusing on the industrial market. Ellis Paint produces a diverse range of products, including solvent-borne primers, heavy-duty industrial coatings, and specialty coatings, which cater to various sectors such as steel fabrication, construction, and maintenance. Its extensive product offerings are utilized across numerous applications, including steel buildings, heavy equipment, pipelines, and commercial vessels. Over the years, the company has served notable clients like Southern California Edison and McDonnell Douglas. In 1969, Ellis Paint was acquired by Robert O. Berg, and it later merged with Pacific Coast Lacquer in 1976, establishing its current headquarters. Today, Ellis Paint continues to operate through a network of distributors throughout the United States.

Geeraets Autolak

Acquisition in 2016
Geeraets Autolak BV is a company that specializes in the distribution of refinish coating products and provides painting services to various sectors. Its clientele includes the body repair industry, construction, shipyards, municipal institutions, fleet companies, and car dealers. As a subsidiary of Axalta Coating Systems Ltd, Geeraets Autolak is positioned to leverage the resources and expertise of its parent company while focusing on delivering high-quality coating solutions tailored to the needs of its diverse customer base.

United Paint & Chemical - Interior Rigid Thermoplastics Coatings Business

Acquisition in 2016
United Paint & Chemical - Interior Rigid Thermoplastics Coatings Business provides thermo plastics coating business.

High Performance Coating

Acquisition in 2016
High Performance Coating is a manufacturer of automotive coating paints located in Shah Alam, Malaysia. The company specializes in the production of refinish coatings and related chemicals tailored for the South East Asian market. With a team of experienced professionals, High Performance Coating focuses on delivering high-quality finishes that enhance the appearance and durability of automotive surfaces. The company's expertise encompasses comprehensive color solutions and paint manufacturing, positioning it as a specialist in automotive refinishes.

Dura Coat Products

Acquisition in 2016
Dura Coat Products, Inc. is a manufacturer specializing in coatings designed to protect metal substrates, particularly in the construction and industrial sectors. Established in 1986 and headquartered in Riverside, California, with an additional facility in Madison, Alabama, the company has developed a strong market position through innovative solutions that address customer needs. Dura Coat's extensive product range includes coil coatings for building components, coatings for aluminum extrusions, and environmentally friendly options such as waterborne and UV-resistant coatings. The company serves various industries, including construction, HVAC, and appliances, and exports its products to several countries, including Mexico, Canada, and the United Kingdom. Dura Coat is recognized for its commitment to environmental sustainability, with many products compliant with Cool Roof, Energy Star, and LEED standards.
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