M&A Deal Summary

Akzo Nobel Acquires Axalta

On November 18, 2025, Akzo Nobel acquired chemicals company Axalta

Acquisition Highlights
  • This is Akzo Nobel’s 10th transaction in the Chemicals sector.
  • This is Akzo Nobel’s 2nd transaction in the United States.
  • This is Akzo Nobel’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2025-11-18
Target Axalta
Sector Chemicals
Buyer(s) Akzo Nobel
Deal Type Add-on Acquisition
Advisor(s) Evercore Group
J.P. Morgan Securities (Financial)
Cravath, Swaine & Moore
NautaDutilh
Wilkinson Barker Knauer (Legal)

Target

Axalta

Philadelphia, Pennsylvania, United States
Axalta's corporate headquarters in downtown Philadelphia.
Axalta's corporate headquarters in downtown Philadelphia.
Axalta is a global manufacturer, marketer and distributor of advanced coating systems primarily for the transportation industry. Axalta comprises four segments: refinish, OEM, industrial liquid and powder. Axalta operates manufacturing sites on six continents, serving customers in 120 countries directly and through 4,000 distributors. Axalta Coating Systems was incorporated in 1866 and is based in Philadelphia, Pennsylvania.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Akzo Nobel

Amsterdam, Netherlands

Category Company
Founded 1646
Sector Chemicals
Employees33,700
Revenue 10.7B EUR (2024)
DESCRIPTION

Akzo Nobel is a producer of decorative paints, performance coatings and specialty chemicals. Akzo Nobel was founded in 1646 and is based in Amsterdam, Netherlands.


DEAL STATS #
Overall 12 of 12
Sector: Chemicals M&A 10 of 10
Type: Add-on Acquisition M&A Deals 10 of 10
State: Pennsylvania M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-27 AkzoNobel India

Gurugram, India

AkzoNobel India is a coating company that supplies essential protection and essential colour to industries and consumers. AkzoNobel India is based in Gurugram, India.

Buy €1.4B