The coatings companies shortened a key board-governance period and lowered an approval threshold following shareholder discussions about their proposed combination.
Axalta Coating Systems has acquired Plascoat Systems Limited, a supplier of thermoplastic powder coatings, from its parent company, International Process Technologies (IPT) Ltd.
Axalta Coating Systems won two industry awards for its sustainable High Solids 3-Wet and Eco-Concept waterborne coating systems at the SURCAR International Awards 2016.