# AkzoNobel and Axalta to combine in all-stock merger of equals

AkzoNobel and Axalta have entered into a definitive agreement to combine in an all-stock merger of equals, creating a global coatings leader with an enterprise value of $25 billion. The combined company will have dual headquarters in Amsterdam and Philadelphia.

- Type: Acquisition
- Announced: 2018-05-25
- Where: Amsterdam, Netherlands
- Status: announced
- Products: coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Akzo Nobel](https://endata.com/companies/22737.md)
- [Axalta Coating Systems](https://endata.com/companies/19638.md) (target)

## Sources

- [business.sherbrookerecord.com](https://business.sherbrookerecord.com/sherbrookerecord/article/gnwcq-2025-11-18-akzonobel-and-axalta-to-combine-in-all-stock-merger-of-equals-creating-a-premier-global-coatings-company), 2018-05-25: "Creates a global coatings leader with $17 billion in revenue and an enterprise value of $25 billion"

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