# Axalta acquires Plascoat Systems from International Process Technologies

Axalta has acquired Plascoat Systems, a UK-based company, from its parent company International Process Technologies (IPT). Terms were not disclosed.

- Type: Acquisition
- Announced: 2017-08-21
- Where: United Kingdom, United Kingdom
- Status: completed
- Products: coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Axalta](https://endata.com/companies/25499.md) (acquirer)
- [Plascoat Systems](https://endata.com/companies/26441.md) (target)
- [International Process Technologies](https://endata.com/companies/26442.md) (partner)

## Sources

- [collisionrepairmag.com](https://www.collisionrepairmag.com/news/collision-repair/article/15716786/tuesday-ticker-akzonobel-talks-to-investors-axalta-acquires-plascoat), 2017-08-22: "Axalta has announced it has acquired the UK's Plascoat Systems from its parent company, International Process Technologies (IPT)."

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