Axalta Coating Systems UK Limited . Axalta Coating Systems is the leading provider of innovative products, services, and solutions designed to improve the efficiency and effectiveness of the vehicle refinish process. It reported $4.64 billion in … They provide a range of performance and transportation coatings for manufacturers of light and commercial vehicles, the refinish aftermarket and for many industrial applications. Axalta, which has headquarters in Philadelphia, is the world’s largest maker of … Shares of Axalta Coating Systems Ltd plunged as much as 22% in trading Thursday after rejecting a buyout offer from Nippon Paint. Shares of Axalta Coating Systems Ltd (NYSE: AXTA) plunged as much as 22% in trading Thursday after rejecting a buyout offer from Nippon Paint. Joseph N. DiStefano Shares of Axalta Coatings Systems Ltd., the Philadelphia-based auto-paints and powder-coatings maker, rose as much as 15 percent in trading Wednesday after the company revived expectations it will be sold. Axalta Coating Systems Ltd. is one of the world's leading coatings companies. Axalta Coating Systems, new 170,000 sf global R&D center, 1050 Constitution Ave., Navy Yard, South Philadelphia. Bieligk is a Principal at Carlyle focused on buyout opportunities in the industrial and transportation sectors. Buyout firm Carlyle Group LP backed performance coatings company Axalta Coating Systems Ltd filed with U.S. regulators on Wednesday to raise … Carlyle, which also owns the Axalta Coating Systems brand, is a global alternative asset manager that is well positioned in Asia, Europe and the United States through its significant range of investments, and is one of the most experienced private equity investors in the global chemicals industry. Our liquid and powder coatings are designed to deliver maximum performance for medium and heavy-duty trucks, buses, trailers, emergency vehicles, and more. It recently traded at $29.30. Axalta was formed as a leveraged buyout of DuPont's Performance Coatings business by an affiliate of Carlyle Group in 2013, became a public company through an initial public offering in 2014, and Carlyle exited by selling its remaining shares in 2016. Axalta provides coating solutions for commercial vehicles that are built to withstand even the harshest conditions. Reporting by Greg Roumeliotis in New York; Additional reporting by Joshua Franklin in New York; Editing by Lisa Shumaker. Axalta Coating Systems Ltd. got hit hard by the coronavirus selloff, but has since recovered quite a bit of lost ground.The company is currently selling not too far from its initial public offering price in 2014. The Dutch company said Monday it’s in “constructive discussions” regarding a merger of equals with Axalta Coating Systems Ltd. to create a leading global paints and coatings maker. Axalta, which has headquarters in Philadelphia, is the world’s largest maker of auto refinish paints, with a … Downtown-based PPG was mentioned in July as a possible bidder for Axalta after the company announced it would review strategic alternatives including a sale. All quotes delayed a minimum of 15 minutes. (Reuters) - Buyout firm Clayton, Dubilier & Rice LLC is in talks to partner with U.S. paint maker PPG Industries Inc to make an acquisition offer for Axalta Coating Systems Inc, the U.S. coatings company whose largest shareholder is Warren Buffett’s Berkshire Hathaway Inc, people familiar with the matter said on Monday. Axalta Coating Systems Ltd. surged the most in more than a year as the frequent takeover target backed by Warren Buffett’s Berkshire Hathaway Inc. … Our Standards: The Thomson Reuters Trust Principles. Some of them have also been looking for partners. Could you explain the 7 days a week rotating 12 hour shift. Axalta is a leading global manufacturer, marketer and distributor of advanced coating systems primarily for the transportation industry. Home; News; investment; NY-based private equity company, Clayton, Dubilier & Rice, dubbed CD&R in short, had been in an advanced stage talk to partner up with US-based paint maker PPG Industries Inc., in a bid to make an acquisition offer for a US coating company, Axalta Coating System, largest stakeholder of which happened to be Warren Buffet-owned Berkshire Hathaway Inc., … Axalta also got new management in December, after an investigation of previous Chief Executive Officer Terrence Hahn’s conduct by external counsel that Axalta characterized as “inconsistent with the company’s policies.” Axalta never disclosed the investigation’s findings. The work itself is hot and somewhat messy, but it's not fast pace all the time and with two 1 hour long breaks per 12 hour shift, there is … Axalta, a former division of DuPont, said its board had formed a strategic review committee to be chaired by the independent presiding director Mark Garrett, and include Bryant and independent director Samuel Smolik. Berkshire Hathaway had a 10.4% stake in Axalta as of the end of June. Its corporate peers include Sherwin-Williams Co, Akzo Nobel NV, BASF SE and RPM International Inc. Axalta rebuffed acquisition approaches in 2017 from Akzo Nobel and Nippon Paint Holdings Co Ltd. PPG is currently on an acquisition spree, snapping up smaller coatings companies. Reuters reported Downtown-based PPG could partner with private equity firm Clayton, Dubilier & Rice to acquire Warren Buffett-backed Axalta. Axalta shares jumped 14 percent on the news to $29.52 a share, giving the company a market capitalization of about $7 billion. The move was driven by the company’s desire to proactively stay on top of a wave of consolidation sweeping the paints and coatings industry, according to people familiar with the matter who requested anonymity to discuss confidential deliberations. Select a brand to browse the product catalog, or sign in if you are a registered distributor. Axalta Coating Systems is an American company specializing in coatings in a wide variety of industrial applications, materials and sectors, such as for example automotive paints. Other private equity firms are also interested in Axalta, which has a market capitalization of $7.3 billion and long-term debt of close to $4 billion, three sources said. Terms of Use Privacy Statement Privacy Statement Axalta Coating Systems Ltd., the car-paint maker exploring a sale, has drawn preliminary interest from rival companies, according to people familiar with … The Philadelphia-based company also said it has hired Evercore and Barclays as financial advisers to assist in the review. About Axalta . How many vacation days do you get per ye… 3 people answered. Good pay, great benefits, excellent teamwork, wonderful schedule. Get the latest Axalta Coating Systems Ltd. (AXTA) stock news and headlines to help you in your trading and investing decisions. By Greg Roumeliotis (Reuters) - Buyout firm Clayton, Dubilier & Rice LLC is in talks to partner with U.S. paint maker PPG Industries Inc to make an acquisition offer for Axalta Coating Systems Inc, the U.S. coatings company whose largest shareholder is Warren Buffett's Berkshire Hathaway Inc, people familiar with the matter said on Monday. 3 people answered. Hahn was replaced with the company’s chief financial officer, Robert Bryant. The Dutch company said Monday it’s in “constructive discussions” regarding a merger of equals with Axalta Coating Systems Ltd. to create a leading global paints and coatings maker. Additional reporting by Debroop Roy in Bengaluru; Editing by Shailesh Kuber and Jonathan Oatis. Axalta Coating Systems is a global coatings company dedicated solely to the development, manufacture and sale of liquid and powder coatings. Forgot your password? Buyout firm Platinum Equity LLC, for example, has been in talks about partnering with Koch Industries Inc on a bid for Axalta, one of the sources said, cautioning that it is possible such a bid does not materialize. (Reuters) - Buyout firm Clayton, Dubilier & Rice LLC is in talks to partner with U.S. paint maker PPG Industries Inc to make an acquisition offer for Axalta Coating Systems Inc, the U.S. coatings company whose largest shareholder is Warren Buffett's Berkshire Hathaway Inc, people familiar with the matter said on Monday. Shares were down 16.2% at … By Greg Roumeliotis (Reuters) - Buyout firm Clayton, Dubilier & Rice LLC is in talks to partner with U.S. paint maker PPG Industries Inc to make an acquisition offer for Axalta Coating Systems Inc , the U.S. coatings company whose largest shareholder is Warren Buffett's Berkshire Hathaway Inc , people familiar with the matter said on Monday. By Greg Roumeliotis (Reuters) - Buyout firm Clayton, Dubilier & Rice LLC is in talks to partner with U.S. paint maker PPG Industries Inc to make an acquisition offer for Axalta Coating Systems Inc , the U.S. coatings company whose largest shareholder is Warren Buffett's Berkshire Hathaway Inc , people familiar with the matter said on Monday. Get the latest Axalta Coating Systems Ltd. (AXTA) stock news and headlines to help you in your trading and investing decisions. By Greg Roumeliotis (Reuters) - Buyout firm Clayton, Dubilier & Rice LLC is in talks to partner with U.S. paint maker PPG Industries Inc to make an acquisition offer for Axalta Coating Systems Inc, the U.S. coatings company whose largest shareholder is Warren Buffett's Berkshire Hathaway Inc, people familiar with the matter said on Monday. See here for a complete list of exchanges and delays. Axalta is the 17th-largest public company in Greater Philadelphia, according to Philadelphia Business Journal research. Axalta Coating Systems is exploring options, including an outright sale of the business, less than 19 months after talks to sell itself to Japanese rival Nippon Paint fell apart. © 2020 axalta Inc. All rights reserved. Shares of Axalta Coating Systems Ltd plunged as much as 22% in trading Thursday after rejecting a buyout offer from Nippon Paint. Axalta Coating Systems Ltd., acquired last year by private-equity firm Carlyle Group LP, filed for a $100 million initial public offering in the U.S. Gregor Bohm corporate profile, background and performance evaluation including other Axalta Coating executives The auction process for Axalta is ongoing and there is no certainty any deal will be reached, the sources said, asking not to be identified because the matter is confidential. GIC, BlackRock and Koch Industries did not immediately respond to requests for comment. (Reuters) - Axalta Coating Systems Ltd, the U.S. coatings company whose largest shareholder is Warren Buffett’s Berkshire Hathaway Inc, said on Wednesday … Performance that inspires our focus on our customers, drives our constant innovation, feeds our passion for results, and permeates everything we do, every day, in every country in which we operate. Staying with the auto-related theme, Axalta Coating Systems, the heavyweight in automotive coatings, is another stock that’s worth a look. (Reuters) - Buyout firm Clayton, Dubilier & Rice LLC is in talks to partner with U.S. paint maker PPG Industries Inc to make an acquisition offer for Axalta Coating Systems Inc , the U.S. coatings company whose largest shareholder is Warren Buffett's Berkshire Hathaway Inc , people familiar with the matter said on Monday. At Axalta, we are built for performance. The bid would come three months after Axalta said it would explore a sale. Mr. Bieligk is a member of the board of directors of Signode Industrial Group and Greater China Intermodal. Axalta is a leading global coatings provider dedicated to the development, manufacturing, delivery, and service of liquid and powder coatings. Buyout firm Clayton, Dubilier & Rice LLC is in talks to partner with U.S. paint maker PPG Industries Inc to make an acquisition offer for Axalta Coating Systems Inc, the U.S. coatings … (Reuters) - Buyout firm Clayton, Dubilier & Rice LLC is in talks to partner with U.S. paint maker PPG Industries Inc to make an acquisition offer for Axalta Coating Systems Inc, the U.S. coatings company whose largest shareholder is Warren Buffett’s Berkshire Hathaway Inc, people familiar with the matter said on Monday. PPG is in talks with buyout firm Clayton, Dubilier & Rice LLC to bid on Axalta Coating Systems Inc., Reuters reported, citing people familiar with the matter.. Axalta (NYSE:AXTA), a … Citing “people familiar with the matter,” Reuters reported Tuesday that PPG was speaking with Clayton, Dubilier & Rice about teaming up with the buyout firm on an Axalta acquisition… What is the vacation policy like at Axalta Coating Systems? Global venture capital investment remains strong despite dealmaking numbers dropping for the sixth consecutive quarter, new research shows, with a trio of $1bn-plus deals from across the globe helping buoy the industry's figures. From the top all the way down this is a top notch place to work. Axalta Coating Systems Ltd. is one of the world's leading coatings companies. All quotes delayed a minimum of 15 minutes. (This version of the June 19 story corrects to show investigation was by external counsel in paragraph 5). It recently traded at $29.30. See here for a complete list of exchanges and delays. According to Reuters, PPG … The bid would come three months after Axalta … What advice would you give the CEO of Axalta Coating Systems about how to improve it? Dutch paintmaker Akzo Nobel NV is considering a merger of equals with U.S. rival Axalta Coating Systems Ltd., a deal that would combine two companies with a market value of about $30 billion. Since then, the company has lost about a fifth of its market value, even though the S&P 500 Index has risen more than 9 percent during the same period, as demand in Axalta’s key automotive market weakened. Its corporate peers include Sherwin-Williams Co, Akzo Nobel, PPG Industries Inc, BASF SE and RPM International Inc. PPG is currently on an acquisition spree, snapping up smaller coatings companies, while paints maker Akzo Nobel last year decided to focus on its core business by selling its specialty chemicals division Nouryon to buyout firm Carlyle Group LP and Singaporean wealth fund GIC. Axalta also got new management in December, following an investigation of previous Chief Executive Officer Terrence Hahn’s conduct by external counsel that Axalta characterized as “inconsistent with the company’s policies.” Axalta never disclosed the investigation’s findings. Exclusive: Buyout firm CD&R pursues bid with PPG for Buffett-backed Axalta - sources Axalta rebuffed acquisition approaches in 2017 from Akzo Nobel NV and Nippon Paint Holdings Co Ltd. CD&R and PPG are discussing forming a consortium to bid for Axalta with other investors that include Singaporean sovereign wealth fund GIC and U.S. asset manager BlackRock Inc, one of the sources said. An activist hedge fund, Jana Partners LLC, is also an Axalta shareholder, with a 2.5% stake as of the end of June, according to regulatory filings. (Reuters) - Axalta Coating Systems Ltd, the U.S. coatings company whose largest shareholder is Warren Buffett’s Berkshire Hathaway Inc, said on Wednesday it had formed a board committee to explore a sale of the company. Shares were down 16.2% at … Gregor Bohm is Director of Axalta Coating Systems. Hahn was replaced with the company’s chief financial officer, Robert Bryant. Diese Seite erfordert Javascript, um angezeigt zu werden. Axalta recently reported its second-quarter numbers. Mr. Wesley T. Bieligk serves as Independent Director of Axalta Coating Systems LtdMr. Log into your account. There is no certainty of any deal, Axalta cautioned. Axalta, a global supplier of liquid and powder coatings, announced that it has completed the acquisition of Capital Paints, a UAE-based thermosetting powder coatings manufacturer. Our Standards: The Thomson Reuters Trust Principles. A high-level overview of Axalta Coating Systems Ltd. (AXTA) stock. The company reported a net profit of $207.1m on $4.7bn of sales in 2018. Recover your password Axalta was formed as a leveraged buyout of DuPont's Performance Coatings business by an affiliate of Carlyle Group in 2013, became a public company through an initial public offering in 2014, and Carlyle exited by selling its remaining shares in 2016. (Reuters) - Buyout firm Clayton, Dubilier & Rice LLC is in talks to partner with U.S. paint maker PPG Industries Inc to make an acquisition offer for Axalta Coating Systems Inc, the U.S. coatings company whose largest shareholder is Warren Buffett’s Berkshire Hathaway Inc, people familiar with the matter said on Monday. Welcome! Axalta is the fifth largest name in the $130bn global paints and coatings market. EXCLUSIVE-Buyout firm CD&R pursues bid with PPG for Buffett-backed Axalta -sources | Financial News Is it a couple days on couple days off o… 3 people answered. Its corporate headquarters is located in Philadelphia, PA that develops and manufactures coatings for light and commercial vehicles, industrial, and refinish applications. It would allow PPG to overcome potential antitrust hurdles it would face were it to buy the entirety of Axalta, and only take on businesses it deems complementary. Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. Axalta’s coatings are used in the refinishing of cars, buildings and pipelines. Axalta, PPG, CD&R and Platinum Equity declined to comment. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Axalta’s coatings are used in the refinishing of cars, buildings and pipelines.

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