On the Record · Axalta Coating Systems
Axalta Coating Systems acquisitions, on the record
The businesses Axalta Coating Systems bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Pearl Investment AG and its key operating subsidiary André Koch AGWord for word“During the year ended December 31, 2023, we acquired 100 % of the share capital of Pearl Investment AG and its key operating subsidiary André Koch AG, a long-time refinish products distribution partner in Switzerland, which resulted in a net cash outflow on the closing date of $ 106.1 million, and is subject to contingent consideration arrangements of $ 5.6 million, which are discussed further in Note 19.” 10-K for 2023 | acquisition | During the year ended December 31, 2023 | net cash outflow on the closing date of $ 106.1 million |
CoverFlexxWord for word“During July 2024, we completed the acquisition of CoverFlexx.” 10-K for 2024 | acquisition | July 2024 | — |
André KochWord for word“The increased net sales were driven by higher volumes of 1.1%, including contributions from the André Koch acquisition completed in October 2023, contributions of 0.7% from the CoverFlexx acquisition completed in July 2024 and higher average selling price and product mix of 0.4%.” 10-K for 2024 | acquisition | October 2023 | — |
Akzo Nobel N.V.Word for word“During November 2025, we entered into a Merger Agreement with Akzo Nobel N.V., a public company with limited liability incorporated under the laws of the Netherlands (“AkzoNobel”) providing for the combination of the Company and AkzoNobel in an all-stock merger.” 10-K for 2025 | merger | During November 2025 | — |
The CoverFlexx GroupWord for word“The decreased net sales were driven by lower volumes of 4.6%, partially offset by contributions of 0.5% from the acquisition of The CoverFlexx Group completed in July 2024 (the “CoverFlexx acquisition”).” 10-K for 2025 | acquisition | July 2024 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $114.8 million | $79.7 million |
| 2017-12-31 | $564.4 million | $207.2 million |
| 2018-12-31 | $82.8 million | $2.9 million |
| 2019-12-31 | $3.3 million | $500,000 |
| 2020-12-31 | $1 million | — |
| 2021-12-31 | $649 million | $372.8 million |
| 2022-12-31 | $3 million | $1.4 million |
| 2023-12-31 | $106 million | $38 million |
| 2024-12-31 | $301 million | $112 million |
| 2025-12-31 | $48 million | $19 million |
Deal filings since 2016
- 2026-07-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-05-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-11-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-11-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-06-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-03-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-11-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-08-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-12-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-09-15 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-07-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-05-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-11-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-06-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-06-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-11-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-04-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-04-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-09-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Axalta Coating Systems’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.