Wineus successfully advised the shareholders of André Koch AG on the sale to Axalta Coating Systems Ltd.
Wineus 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.