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You are here: Home / News / Axalta Acquires U-POL

Axalta Acquires U-POL

July 7, 2021 By CollisionWeek Editor

The UK-based refinish product manufacturer does business in over 100 countries and expects 2021 fiscal net sales of $145 million.

Axalta Coating Systems (NYSE: AXTA) today announced that it will acquire U-POL Holdings Limited from Graphite Capital Management LLP and other holders for £428 million ($590 million) subject to certain adjustments set forth in the Sale and Purchase Agreements for the transaction.

Axalta logoFounded in 1948 and based in the United Kingdom, U-POL is a manufacturer of repair and refinish products used primarily for automotive refinish and aftermarket protective applications. The business produces a wide range of high-quality automotive refinishing products

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Filed Under: News Tagged With: Acquisitions, Axalta Coating Systems, United Kingdom

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