AkzoNobel and Axalta Announce Merger Creating Premier Global Coatings Company Worth $25B

news.law November 20, 2025

Akzo Nobel N.V. (AKZA; AKZOY) (“AkzoNobel”) and Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”) today announced they’ve entered into a definitive agreement to combine in an all-stock merger of equals, creating a premier global coatings company with an enterprise value of approximately $25 billion.

The combination brings together two coatings industry leaders with complementary portfolios of highly regarded brands to better serve customers across key end markets and enhance value for shareholders, employees and other stakeholders. Anchored in both companies’ proud histories and broad expertise, the combined business will have a highly attractive financial profile, industry-leading innovation capabilities and a balanced global footprint spanning over 160 countries to bring global capabilities to local customers.

Warner Music Group and AI Startup Udio Settle Copyright Case, Plan for New AI Song Creation Platform

Supreme Court Refuses to Hear Patent Appeal Against Google, Apple, LG