Axalta Acquires CH Coatings AG
Axalta Coating Systems has signed an agreement to acquire CH Coatings AG, a leading importer and distributor throughout Switzerland of Spies Hecker.
‘CH Coatings has been successfully operating throughout Switzerland for many years and, like Axalta, always puts customers at the centre of its focus. With a team that has many years of experience in the refinish, commercial vehicle, and industrial coatings sector, CH Coatings has an in-depth understanding of the Swiss market and expert technical know-how,’ said Adrien Schrobiltgen, Axalta’s vice president for refinish systems in Europe, Middle East and Africa.
Selcuk Özgül, chairman of the board of CH Coatings AG, said the move was an ‘exciting time’ for the business.
CH Coatings AG was established on 1 May 2010 as a one-stop-shop for customers in the automotive repair, commercial vehicle, and industrial coatings industries. The company supplies paint materials, as well as the necessary accessories, and offers a wide range of support services.