Auto Paint Industry News

Dupont Performance Coatings Gets Bought – What will it mean for Painters?

Tags: Auto Paint Industry News looks like The Carlyle Group L.P. has completed its acquisition of DuPont Performance Coatings for $4.9 billion dollars. They announced that the company is being renamed Axalta Coating Systems.

It also seems that although they will keep some of the brand names the manufacture of the paint will be moved from Dupont’s Factories to Brazil and China.

Charlie Shaver, the company’s Chairman and CEO added, “We look forward to this exciting next chapter for Axalta Coating Systems. Our global scale with 35 plants and seven technology centers around the world, combined with Carlyle’s industrial …

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