# Axalta to acquire U-POL for £428 million

Axalta Coating Systems has entered into definitive agreements to acquire U-POL Holdings Limited from Graphite Capital Management LLP and other holders for £428 million (approximately $590 million). U-POL is a manufacturer of repair and refinish products for the automotive aftermarket.

- Type: Acquisition
- Announced: 2021-07-07
- Where: Wellingborough, England, United Kingdom
- Value: $590.0M (428.0M GBP)
- Status: announced
- Products: automotive refinish products, protective coatings, fillers, aerosols, adhesives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Axalta Coating Systems](https://endata.com/companies/19638.md) (acquirer)
- [U-POL Holdings](https://endata.com/companies/56317.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/axalta-to-acquire-u-pol-a-leading-paint-protective-coatings-and-accessories-manufacturer-for-the-automotive-aftermarket-301326858.html), 2021-07-07: "Axalta Coating Systems today announced that it has entered into definitive agreements to acquire U-POL Holdings Limited from Graphite Capital Management LLP and other holders for £428 million (approximately $590 million)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.