Axalta Coating Systems Ltd. (AXTA) Presents at Citigroup 2025 Basic Materials Conference Transcript
Core Insights - A transformational merger has been announced between AkzoNobel and Axalta, aiming to create a powerful entity in the coatings industry [2][3] - The combined company will become the 1 player in performance coatings globally and the 2 player in paints and coatings [3] - The merger will allow the new entity to operate across seven different end markets, including aerospace, marine, refinish, and mobility [3] Financial Highlights - The combined entity is projected to generate approximately $17 billion in revenue [3] - Expected EBITDA for the new company is over $3 billion [3] - The merger is anticipated to produce more than $1.5 billion in free cash flow [3]