Axalta acquires Geeraets Autolak

Axalta Coating Systems has acquired the business of Geeraets Autolak, a distributor of Axalta’s Cromax refinish coating products in The Netherlands for nearly 40 years. The operations of Geeraets Autolak will be integrated into the Axalta organisation, operating under the Cromax name. The acquisition takes effect immediately. Financial terms of the agreement were not disclosed.

Cromax, one of Axalta’s global premium refinish brands, is designed to increase the productivity of its body shop customers with coatings systems engineered for fast and accurate application, coupled with business solutions, advanced colour measurement technology, marketing support and pragmatic innovations.