Cederquist has assisted The Carlyle Group

Cederquist has assisted global alternative asset manager The Carlyle Group in its acquisition of DuPont Performance Coatings for $4.9 billion.

The company will be 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. The transaction was completed on 1 February.

Cederquist’s team was lead by Petter Wirell and also comprised Mattias Larsson (financing), Louise Bjärgård (real estate) as well as the associates Lisa Dybeck, Louise Danielsson, Johanna Bergsten, Livet Prause and Pernilla Ravemyr.