Industry News

AkzoNobel in Talks with Axalta for Potential Merger

Published on 2017-10-30. Author : SpecialChem

AkzoNobel has confirmed that it is currently in constructive discussions regarding a merger of the AkzoNobel Paints & Coatings business with Axalta. This will create one of the leading global paints & coatings companies through a merger of equals.

Potential Business Union

Axalta AkzoNobel
AkzoNobel in Talks with Axalta for Potential Merger

AkzoNobel confirms that its separation of Specialty Chemicals, including the return of the vast majority of net proceeds to shareholders, remains on track for April 2018 and is unaffected by these discussions. 

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Source: AkzoNobel
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