Axalta to acquire the CoverFlexx Group from Transtar - Transmission Digest

Axalta to acquire the CoverFlexx Group from Transtar

Axalta Coating Systems has signed a definitive agreement to acquire the CoverFlexx Group from Transtar Holding Co., the companies announced. The transaction is anticipated to close in the third quarter, pending regulatory approval and customary closing conditions.

The CoverFlexx Group specializes in manufacturing and distributing coatings for automotive refinish and aftermarket applications, including brands such as Transtar Autobody Technologies, Pro Form and Aftermkt Armor.

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