Axalta Coating Systems’ Three Premium Refinish Brands Approved For Use by Volkswagen Group Italia S.p.A.

Cromax, Spies Hecker and Standox approved for use in Italian dealer
network

BASEL, Switzerland–(BUSINESS WIRE)–Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid
and powder coatings, has recently signed a new, three-year commercial
agreement with Volkswagen Group Italia S.p.A.

Under the terms of the contract, the distinctive waterborne technologies
and high performance refinish products of Axalta’s three premium
refinish brands, Cromax®, Spies Hecker® and Standox®,
are approved for use in Volkswagen Group Italia’s Service Partner
network for Volkswagen, Audi, ŠKODA, SEAT and Volkswagen Light
Commercial Vehicles. Axalta will also provide additional services
through its refinish brands, ranging from color management to technical
advice and consultancy.

“Axalta has a global contract with the Volkswagen Group in place, but we
are delighted that the Volkswagen Group Italia has demonstrated its
confidence in our premium brands’ refinish products and services by
granting us separate approval at the national level,” says Marco Stefano
Brioschi, Managing Director for Axalta in Italy.

Alberto Casati, Head of Spare Parts and Accessories at Volkswagen Group
Italia says, “This approval for Italy of the three premium brands was a
deliberate and significant step for us. We wanted to provide our Service
Partners with the advanced refinish paint technologies and tailored
support they need to produce high-quality results for our customers.”

The waterborne technologies and high performance products of Cromax,
Spies Hecker and Standox all underwent extensive testing at the
Volkswagen Group technology department in Wolfsburg, Germany, before
global approval was granted.

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 more than 150 years of experience
in the coatings industry, the over 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 axalta.com
and follow us @Axalta on Twitter
and on LinkedIn.

About Volkswagen Group Italia S.p.A.

Volkswagen Group Italia S.p.A. is the Italian Subsidiary of the
Volkswagen Group that distributes vehicles for the Volkswagen, Audi,
SEAT, ŠKODA and Volkswagen Commercial Vehicles Group brands. With more
than 238,930 vehicles sold (a market share of 12.9%) and more than
10,450 light commercial vehicles (5.6% market share) the Company is one
of the top 25 companies of Italy in terms of turnover (€5,030 billion in
2016).

Contacts

DA Public Relations Ltd
Chantal Bachelier-Moore
D +44 207 692
4964
[email protected]