Akzo Nobel and Axalta considering UK CMA Phase 1 decision on proposed merger
AXTA•Akzo Nobel and Axalta are considering the UK Competition and Markets Authority’s Phase 1 decision on their proposed merger and remain confident it will be completed by early 2027. Akzo Nobel said they agreed with the European Commission to divest its European vehicle refinish coatings business to address merger concerns.
1. Merger review
Akzo Nobel and Axalta are considering the UK CMA’s Phase 1 decision regarding their proposed merger. The companies remain confident that the merger will be completed by early 2027.
2. European divestment
Akzo Nobel said it agreed with the European Commission to divest its European vehicle refinish coatings business to address merger concerns.
