Axalta Coating Systems acquires Century Industrial Coatings
Axalta Coating Systems has entered into an agreement to acquire Century Industrial Coatings, a manufacturer of high performance industrial coatings for structural steel, oil and gas, rail cars and other OEM applications.
Financial terms of the transaction were not disclosed.
About Century
Established in 1966, Century manufactures coatings that are among the leaders in performance and environmental compliance. Well-known Century products include “CenturyGuard” water-based primers, “Century Extreme” epoxy and polyurethane coatings and “Century EcoExtreme”, a low VOC family of zinc-rich epoxy and urethane products. The company’s manufacturing facility is located in Jacksonville, Texas, and supplies products for the United States and international markets.
Offering a new range of products
“We look forward to welcoming Century into Axalta,” said Michael Cash, Senior Vice President and President, Industrial Coatings. “Century’s customers really value its broad suite of products, its ability to develop solutions with unparalleled agility and its focus on customer service. With this acquisition, we will have the opportunity to offer our combined customers an entirely new range of products with best-in-class service.”
Broader national and global stage
“We are excited to bring our legacy and products to a much broader national and global stage,” adds Don Harvey, Chief Executive Officer of Century Industrial Coatings. “Axalta has shown a real commitment to the industrial coatings space and we are confident our customers will find further success with access to their full line of innovative and high quality industrial coatings, including E-Coat, powder and liquid industrial products.”
