Amsterdam, Nov 18, 2025 (AFP) - Dutch paint giant AkzoNobel to merge with US rival Axalta

NAMPA / AFP

2025-11-18

AkzoNobel, a leading paintmaker and manufacturer of Dulux paint, said Tuesday it had agreed to merge with American rival Axalta Coating Systems, creating a global paint and industrial coating behemoth. The link-up will take the form of an all-stock "merger of equals" and result in a "global coatings leader" worth $25 billion and generating revenue of $17 billion, it said. The operation is to result in $600 million of cost savings. AkzoNobel CEO G......

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