18 Nov 2025 | 5 Mins Read
Akzo Nobel finalizes massive $9.2 billion Axalta paint acquisition
Flipitmoney
Akzo Nobel NV agrees to acquire Axalta Coating Systems Ltd. in a €7.9 billion deal, valuing Axalta at €7.9 billion. Shareholders will receive 0.6539 Akzo Nobel shares per Axalta share, giving Akzo Nobel 55% ownership. Tariffs and a slowing economy have impacted the coatings industry, with the combined company expected to drive run-rate synergies of $600 million.