Axalta Coating Systems Ltd - Company Profile
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Axalta Coating Systems Ltd (Axalta) is a coatings company that develops, manufactures, markets and distributes high performance coating systems including liquid and powder coatings. The company provides a range of transportation and performance coatings for manufacturers of commercial and light vehicles. The company provides coatings for industrial applications such as electrical system components, oil and gas pipelines, agricultural, construction and earth-moving equipment. It provides coating for refinish and aftermarket applications. It also provides various services including color matching and retrieval systems, customer training, support and business management systems. The company has brands such as Abcite, Alesta, AquaEC, Audurra, Centari, Ceranamel, Challenger, Chemophan, ColorNet, Corlar, Cromax, Cromax Mosaic. The company operates manufacturing facilities, technology centres and customer training centres in North America Europe, Middle East and Africa; Latin America; and Asia Pacific. Axalta is headquartered in Philadelphia, Pennsylvania, the US.
Headquarters
United States of America
Address
1050 Constitution Avenue, Philadelphia, Pennsylvania, 19112
Telephone
1 855 5471461
No of Employees
12,000
Industry
Chemicals
Ticker Symbol & Exchange
AXTA (NYSE)
Revenue (2022)
$5.2B
6.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
39.6%
(2022 vs 2021)
Market Cap*
$7.0B
Net Profit Margin (2022)
XYZ
31.6%
(2022 vs 2021)
* As of and is in US$
Axalta Coating Systems Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Liquid Coatings | Color matching and retrieval systems | Abcite |
| Powder Coatings | Customer training | Audurra |
| AquaEC | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In December, the company announced the acquisition of Andre Koch, a provider of car repair and maintenance services. |
| 2023 | Contracts/Agreements | In October, the company was selected as a supplier for BMW Group’s private paint label, ColorSystem. |
| 2023 | Contracts/Agreements | In August, the company entered into a partnership with Xaar to introduce Axalta NextJet. |
Competitor Comparison
| Key Parameters | Axalta Coating Systems Ltd | BASF SE | Sherwin-Williams Co | PPG Industries Inc | Akzo Nobel NV |
|---|---|---|---|---|---|
| Headquarters | United States of America | Germany | United States of America | United States of America | Netherlands |
| City | Philadelphia | Ludwigshafen Am Rhein | Cleveland | Pittsburgh | Amsterdam |
| State/Province | Pennsylvania | Rheinland-Pfalz | Ohio | Pennsylvania | - |
| No. of Employees | 12,000 | 111,991 | 64,088 | 53,000 | 35,200 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Rakesh Sachdev | Chairman | Executive Board | 2023 | 68 |
| Chris Villavarayan | President; Director; Chief Executive Officer | Executive Board | 2023 | 53 |
| Carl Anderson | Senior Vice President; Chief Financial Officer | Senior Management | 2023 | 54 |
| Robert Roop | Chief Technology Officer; Senior Vice President | Senior Management | 2013 | - |
| Amy Tufano | Senior Vice President; Chief Human Resources Officer | Senior Management | 2023 | 43 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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