Published by Global Banking & Finance Review®
Posted on November 18, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleAkzo Nobel is negotiating a merger with Axalta Coating, with a potential announcement soon. Axalta's market value is approximately $6 billion.
(Reuters) -Dulux paint maker Akzo Nobel NV is in talks to merge with paintmaker Axalta Coating Systems, Bloomberg News reported on Monday, citing sources familiar with the matter.
Shares of Axalta were up 14% in after-market trading.
The companies could announce the combination as early as Tuesday, the report said, without disclosing the deal value.
Akzo Nobel and Axalta did not immediately respond to Reuters' requests for comments.
Axalta Coating Systems, which has a market value of about $6 billion as of Monday's close, offers liquid and powder coatings designed for automotive, industrial and commercial applications.
The company went public in November 2014 at a valuation of roughly $4.5 billion, one year after the Carlyle Group acquired it from DuPont.
Axalta's current valuation represents a 33.3% increase over the past 11 years.
(Reporting by Pranav Mathur in Bengaluru; Editing by Alan Barona)
A merger is a business combination where two companies join to form a single entity, often to enhance competitiveness, expand market reach, or achieve synergies.
Market value refers to the current price at which an asset or company can be bought or sold in the market, reflecting its perceived worth by investors.
Coatings are protective layers applied to surfaces to enhance durability, appearance, and resistance to environmental factors, commonly used in automotive and industrial applications.
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