Coatings World - March 2013

The Carlyle Group Completes Acquisition
of DuPont Performance Coatings

Global alternative asset manager The Carlyle Group L.P. has completed its acquisition of DuPont Performance Coatings for $4.9 billion and announced that the company is being renamed Axalta Coating Systems. Axalta Coating Systems is a global supplier of coatings to the transportation and industrial sectors. The investment was funded primarily with equity from Carlyle Partners V and Carlyle Europe Partners III.

“We are excited to invest in Axalta Coating Systems and believe its strong market position and global footprint will enable the company to capitalize on opportunities in rapidly emerging markets such as China and Brazil. As experienced investors in the industrial and transportation sectors, the One Carlyle global network can help Axalta Coating Systems grow and create value,” said Martin Sumner, principal of The Carlyle Group.

Charlie Shaver, the company’s
chairman and CEO added, “We look
forward to this exciting next chapter
for Axalta Coating Systems. Our global
scale with 35 plants and seven technol-
ogy centers around the world, combined
with Carlyle’s industrial focus and global
network, position us well for the future.”
As an independent company, Axalta
Coating Systems will build on a founda-
tion of more than 90 years in the coatings
industry. The company serves more than
120,000 customers in 130 countries and
provides customers with a full range of
coating systems.

Benjamin Moore Teams With Make It Right at Super Bowl
more than 10,000 gallons of paint products and even curating
recommended color palettes that complement our architecture
and community. We fully appreciate all of the company’s efforts,
and are grateful that they stepped
up to sponsor this Super Bowl day
of service, as well.”
The home that the team
painted is the 91st to be built
by Make It Right. Another three
presently are under construc-
tion in New Orleans, and it was
designed by BNIM Architects
of Kansas City, AIA’s 2011 Na-
tional Architecture Firm Award
Winner. The Benjamin Moore
colors that were applied to the
1,400-square-foot construction,
which will be fully ready for occu-
pancy later this spring, included
2145-30 Brookside Moss, AF-115
Lodge, 111 Rancho Clay and 629
Bachelor Blue.

The home that the team painted is the 91st to be built by Make It Right. The Benjamin Moore colors that were applied to the 1,400-square-foot construction included 2145-30 Brookside Moss, AF-115 Lodge, 111 Rancho Clay and 629 Bachelor Blue.

While there was plenty of action on the field when the Baltimore Ravens and San Francisco 49ers faced off for Super Bowl 2013, nearby in the Lower Ninth Ward there was action of another kind.

That’s where Benjamin Moore was quarterbacking a team of skilled painting contractors—many who traveled from Baltimore—who joined celebrities plus a group of local volunteers from Helm Paint and Decorating to put the exterior coating on the latest home built by Make It Right.

“Benjamin Moore has been proud to work with and support
Make It Right since its founding,” said Benjamin Moore spokes-
person Nick Harris of the company’s association with the non-
profit established by Brad Pitt to provide new, affordable and
environmentally sustainable housing for flood victims of Hurri-
cane Katrina. “Since the Moore brothers started this company
130 years ago in Brooklyn, we’ve been active members of every
community in which our products are sold and in which our inde-
pendent dealers do business.”
According to Tom Darden, executive director of Make It
Right, “Benjamin Moore has been a valued partner over the past
five years, generously supporting our funding, supplying to date