Axalta Coating Systems Ltd

NYSE:AXTA   3:59:59 PM EDT
+0.88 (+3.00%)
Other Pre-Announcement, Mergers / Acquisitions

Axalta To Acquire U-Pol, A Leading Paint, Protective Coatings, And Accessories Manufacturer For The Automotive Aftermarket

Published: 07/07/2021 12:21 GMT
Axalta Coating Systems Ltd (AXTA) - Axalta to Acquire U-pol, a Leading Paint, Protective Coatings, and Accessories Manufacturer for the Automotive Aftermarket.
Axalta Coating Systems Ltd - to Acquire U-pol Holdings Limited for £428 Million.
Axalta - Expects Acquisition to Be Immediately Accretive to Adjusted EBITDA Margin, Excluding Transaction-related Costs Associated With Acquisition.
Axalta Coating Systems Ltd - Plans to Finance Transaction From Cash on Hand.