# Axalta to acquire Spencer Coatings Group

Axalta Coating Systems entered an agreement to acquire the Spencer Coatings Group, a manufacturer of high-performance industrial coatings.

- Type: Acquisition
- Announced: 2016-12-11
- Where: United States
- Status: announced
- Products: high-performance industrial coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Axalta Coating Systems](https://endata.com/companies/19638.md) (acquirer)
- [Superior Essex](https://endata.com/companies/19751.md) (partner)
- [Spencer Coatings Group](https://endata.com/companies/20626.md) (target)
- [IVA](https://endata.com/companies/21167.md) (target)
- [Ellis Paint Co.](https://endata.com/companies/21458.md) (target)

## Sources

- [pcimag.com](https://www.pcimag.com/articles/topic/2649-company-news?page=469), 2016-12-11: "Axalta Coating Systems has entered an agreement to acquire the Spencer Coatings Group, a manufacturer of high-performance industrial coatings."
- [pcimag.com](https://www.pcimag.com/articles/topic/2649-company-news?page=466), 2017-01-03: "Axalta Coating Systems has made a binding offer to acquire the European and Chinese operations of IVA, one of the world's leading wire enamel manufacturers, from its parent company Superior Essex."
- [pcimag.com](https://www.pcimag.com/articles/102950-axalta-coating-systems-buys-ellis-paint-co), 2017-01-15: "Axalta Coating Systems announced its acquisition of the business of Ellis Paint Co., a manufacturer of industrial and automotive refinish paint in North America."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.