PHILADELPHIA - Axalta Coating Systems has completed its acquisition of High Performance Coating Sdn. Bhd., a leader in refinish coatings in Southeast Asia. The acquisition will strengthen Axalta’s ability to serve refinish customers in the region with additional product offerings and an expanded sales and service network.

Established in 1996, High Performance Coating manufactures several well-known brands including HIPIC^®, Nebula^® and Marvel^®.

“Moving forward, High Performance Coating will continue to retain its current products under its own brand names,” explained Sobers Sethi, Vice President of Axalta’s South and East Asia Region. “We will keep High Performance Coating nimble and flexible, in a position to respond quickly to customer requirements, but now that support will be backed by Axalta’s global refinish capabilities.”