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EU TodayCompany NewsEU Company News

Axalta Coating Systems Buys Distributor

July 12, 2015

BREDA, the Netherlands – Paint and coatings manufacturer Axalta Coating Systems completed the acquisition of Metalak Benelux B.V. For more than 60 years, Metalak has been the exclusive distributor of Axalta’s Spies Hecker® refinish coating products sold in the Netherlands and in Flanders, Belgium. Formerly a privately owned company, Metalak has offices in Bornem, Belgium, and in Tiel, the Netherlands, and will continue to operate under the Metalak name. The agreement will take effect immediately.

Dirk Lippens, Country Business Manager for Axalta in the Benelux, said, “Metalak has been operating successfully in the premium segment of the refinish market in the Netherlands and in Belgium for many years, and has established long-term relationships with hundreds of independent body shops and several repair networks. This acquisition strengthens Axalta’s position in the market and is designed to optimize our operational infrastructure while at the same time complement our sales activities. We have a fantastic opportunity to grow our business in these two fast-paced European markets. The entire Benelux team is completely focused on our customers and we look forward to the new opportunities this acquisition brings with it.”

Metalak’s Managing Director and owner, Bas van de Ven, joins Axalta’s Benelux management team as Business Director, Metalak, and will continue as operational lead for Metalak in the Benelux.

Metalak will remain the sales organization for Spies Hecker and for Metalak’s Plus Paint products sold in the Netherlands and Belgium.

KEYWORDS: Acquisitions automotive refinish Benelux Paint and Coating Manufacturers

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