Glen Mills, Pennsylvania — Global paint-supplier Axalta announced on Wednesday that it has officially closed on their acquisition of U-POL Holdings Ltd.
“The acquisition of U-POL is another step in Axalta’s growth strategy and strengthens our global leadership position in the refinish coatings segment,” said Axalta CEO Robert Bryant.
“The addition of U-POL’s team, industry expertise, and operations strengthen our capabilities and provide a strong platform for future growth. We’ll work to make the integration of U-POL as seamless as possible, while maintaining high levels of service to our customers. I’m pleased to welcome our newest team members to the Axalta family and look forward to all we can accomplish together as one Axalta.”
