Axalta purchases ChemSpec

“The team at ChemSpec USA is very excited about the opportunities that the acquisition by Axalta will present to our customers, employees and external partnerships,” said Ron Snow, President ChemSpec USA.  It will allow ChemSpec USA as well as its current and future customers huge growth opportunities by having the financial backing and automotive refinish experience Axalta will bring to our organization.”

“We’re very excited about the ChemSpec acquisition,” said Nigel Budden Axalta Vice President.  “This acquisition will help us to better understand and enable new growth in the economy coatings segment.” 

About ChemSpec USA
Founded in 1976, ChemSpec USA, Inc., is a manufacturer of premium coatings for the automotive refinish, fleet and industrial markets.  Centrally located in Orrville, Ohio, the company features a broad range of brands including their METALUX^® Premium Automotive Refinish System, HYDROLUX^® Waterborne System, METACRYL^® Commercial and Fleet and MONTANA® BIG SKY^® Specialty Refinish products.  For more information on ChemSpec USA, visit www.chemspecpaint.com. 

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 nearly 150 years of experience in the coatings industry, the 12,800 people of Axalta continue to find ways to serve our more than 120,000 customers in more than 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.