XPEL Inc. (NASDAQ: XPEL), a global provider of protective films and coatings has announced the acquisition of Uniprotect Ventures LLP by its wholly-owned subsidiary, XPEL India Private Limited.
Uniprotect Ventures LLP, headquartered in Bengaluru, has been the distributor of XPEL’s products in India. This acquisition marks a significant step in XPEL’s expansion strategy in India and enhances its footprint in one of the world’s fastest-growing automotive markets.
Abhishek Joshi, Managing Director of XPEL India & Middle East, stated, “We are excited to welcome Uniprotect Ventures LLP to the XPEL India family. We look forward to serving our customers in India directly and to increasing our investment in the Indian market for the benefit of our customers.”
About XPEL, Inc.
XPEL is a leading provider of protective films and coatings, including automotive paint protection film, surface protection film, automotive and architectural window films, and ceramic coatings. With a global footprint, a network of trained installers and proprietary DAP software, XPEL is dedicated to exceeding customer expectations by providing high-quality products, leading customer service, expert training, and world-class support.