Axalta, a prominent global coatings company, agreed to acquire The CoverFlexx Group, a provider of automotive refinish and aftermarket applications, from Transtar Holding Company, a provider of automotive aftermarket solutions, for $295m. "Axalta is a premier global manufacturer of refinish and industrial coatings. Coupling our brands and opportunities to expand is exciting, and we look forward to joining their team and experiencing continued growth," Ben DePompei, The CoverFlexx Group President.