Axalta Coating Systems, a global supplier of liquid and powder coatings, announced that it has successfully completed the previously announced acquisition of U-Pol Holdings Limited. The acquisition of U-POL shall strengthen Axalta’s global refinish leadership position and support its broader growth strategy. U-POL’s portfolio of high-quality automotive refinishing products and accessories include fillers, coatings, aerosols, adhesives, and paint related products as well as other automotive aftermarket protective coatings. The addition of these offerings shall expand Axalta’s addressable market into the important and growing mainstream and economy refinish segments. Axalta wants to accelerate the growth of U-POL's product portfolios by increasing market access through Axalta's existing sales and distribution channels while leveraging U-POL's distribution channels to extend the reach of Axalta’s refinish coatings portfolio to new customers.