Axalta Wins Market Leadership Award for Global Refinish Products

PHILADELPHIA–(BUSINESS WIRE)–Axalta Coating Systems (NYSE: AXTA) received the Frost & Sullivan 2017
Market Leadership Award for the automotive refinish coatings industry,
which recognized the company’s refinish brands Cromax®, Spies
Hecker® and Standox® as best-in-class globally.

“Axalta’s Refinish business and brands are recognized by body shops
around the world as the market leader,” said Joe McDougall, Executive
Vice President and President Global Refinish and EMEA. “Receiving the
Frost & Sullivan award for being the best-in-class refinish paint
provider in the world further validates our leadership position. It
serves as a reminder that to remain the best, we must continue to stay
focused on delivering to customers every day. We take great pride in
differentiating ourselves both in the high quality of the products we
deliver and on serving our customers. We work hard to improve every day
and give our customers the tools they need to succeed. Our goal is to
enable the body shops we serve to be faster, more efficient, and less
wasteful.”

Frost & Sullivan evaluates many criteria when reviewing award
candidates, including product quality, technology, customer experience,
performance, brand strength, and more. They conduct 360-degree research,
perform quality checks, and present findings to a panel of industry
experts. The award write-up, which may be read
here, specifically points to Axalta’s focus on environmental
sustainability, innovative training opportunities, and superior products
that are designed to boost body shop productivity as reasons the company
is deserving of the award.

“In an environment where coating demands and requirements for automotive
refinish processes are steadily changing, Axalta has maintained its
market leadership through constant innovation and strong customer
relationships,” said Christeena Thomas, Frost & Sullivan Senior Research
Analyst. “Our research confirms that with its broad portfolio of
automotive refinish coatings, the company has successfully established
its brand image, solidifying it as a provider of best-in-class products
and high customer value.”

About Axalta

Axalta is a leading global company focused solely on coatings and
providing customers with innovative, colorful, beautiful and sustainable
solutions. From light OEM vehicles, commercial vehicles and refinish
applications to electric motors, buildings and pipelines, our coatings
are designed to prevent corrosion, increase productivity and enable the
materials we coat to last longer. With more than 150 years of experience
in the coatings industry, the approximately 13,300 people of Axalta
continue to find ways to serve our more than 100,000 customers in 130
countries better every day with the finest coatings, application systems
and technology. For more information visit axalta.com
and follow us @Axalta on Twitter
and on LinkedIn.

Contacts

Axalta Coating Systems
John Nolan
D: +1 610-358-4417
[email protected]
axaltacs.com