Akzo Nobel to acquire Axalta Coating Systems in all-stock merger

Akzo Nobel NV agreed to acquire Axalta Coating Systems Ltd. in an all-stock deal, creating a combined entity with annual sales of almost $17 billion. Akzo Nobel will own 55% of the new company, which will be listed in the US.

“Under the agreement, which confirmed an earlier report by Bloomberg News, Amsterdam-based Akzo Nobel will own 55% of the combined entity, whose brands range from Dulux to Cromax.”bloomberg.com

• 1 source
• bloomberg.comAkzo Nobel Buys Axalta to Build $25 Billion Paint Company - BloombergCharlotte Hughes-Morgan, David Carnevali, Ryan Gould, Aaron KirchfeldNov 18, 2025

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