Axalta Coating Systems Completes Acquisition of Spencer Coatings Group

PHILADELPHIA–(BUSINESS WIRE)–Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid
and powder coatings, has completed its previously announced acquisition
of the Spencer Coatings Group, a leading manufacturer of high
performance industrial coatings for heavy-duty equipment, general
industrial, oil and gas, and glass coatings segments.

Manufactured in facilities in the U.K., Spencer’s line of industrial
products will join Axalta’s portfolio of Performance Coatings for
industrial customers. With a shared commitment to customers and strong
foundation in product innovation, Axalta will utilize Spencer’s products
and people to serve existing customers in the U.K. and expand into new
geographies.

About Axalta Coating Systems

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 150 years of experience in the
coatings industry, the 13,000+ 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 axaltacoatingsystems.com
and follow us @Axalta on Twitter and on LinkedIn.

Contacts

Axalta Coating Systems
Heather Marter
D +215-255-7904
[email protected]
axaltacoatingsystems.com