Wineus successfully advised the shareholders of André Koch AG on the sale to Axalta Coating Systems Ltd.
Artikel vom 28.11.2023Wineus
advised the shareholders of André Koch AG on the cross-border sale of the
company to publicly listed Axalta Coating Systems Ltd. (NYSE: AXTA, “Axalta”),
a US-based leading chemical company.
André Koch AG is
Switzerland’s leading full-service provider and competence centre of car
refinish paints, products, services, and education offerings. With a unique
partner network supporting Switzerland’s car repair industry, André Koch AG
serves as a cornerstone for the large automotive groups and the wider
ecosystem.
Axalta, formerly part of the DuPont chemicals group, is a leading global
manufacturer, marketer and distributor of high-performance coating systems with
a 150-year heritage, over USD 5 billion in annual sales and approximately
12’000 employees. Through its two divisions “Performance Coatings” and
“Mobility Coatings”, Axalta sells its paint and non-paint products in over 140
countries, including to all the top 10 automakers.
Wineus has acted as the
exclusive sell-side advisor to the shareholders of André Koch AG.