According to Body Shop Business, “DuPont Performance Coatings has been purchased by The Carlyel Group and will be renamed Axalta Coating Systems”.

“We are excited to invest in Axalta Coating Systems and believe its strong market position and global footprint will enable the company to capitalize on opportunities in rapidly emerging markets such as China and Brazil,” said Martin Sumner, principal of The Carlyle Group.

Both companies are excited for the future and building on the foundation of more than 90 years in the coatings industry.
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