The Carlyle Group acquires DuPont Performance Coatings (Axalta Coating Systems)

The Carlyle Group acquired DuPont Performance Coatings (Axalta Coating Systems) for $4.9B, a transaction completed in February 2013, structured as Corporate carve-out from DuPont; largely equity-funded.

DuPont Performance Coatings (Axalta Coating Systems) operates in Corporate Private Equity — Industrials / Coatings, is based in Philadelphia, Pennsylvania, USA. Carlyle acquired DuPont Performance Coatings, a leading global maker of vehicle and industrial coatings, from DuPont for $4.9 billion and renamed it Axalta Coating Systems. The carve-out was funded primarily with equity from Carlyle Partners V and Carlyle Europe Partners III. Carlyle took Axalta public in late 2014.

Acquire a global top-tier coatings manufacturer with strong aftermarket demand and margin-improvement potential as a standalone company.

Advisory firms were not disclosed for this transaction.

You're subscribed.

Thanks for signing up.