{"id":691174,"date":"2022-10-03T08:33:54","date_gmt":"2022-10-03T12:33:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/xpel-acquires-assets-of-australian-based-distributor\/"},"modified":"2022-10-03T08:33:54","modified_gmt":"2022-10-03T12:33:54","slug":"xpel-acquires-assets-of-australian-based-distributor","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/xpel-acquires-assets-of-australian-based-distributor\/","title":{"rendered":"XPEL Acquires Assets of Australian-Based Distributor"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>XPEL Acquires Assets of Australian-Based Distributor<\/b><\/p>\n<p>SAN ANTONIO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nXPEL, Inc. (Nasdaq: XPEL) (the \u201cCompany\u201d), a global provider of protective films and coatings, today announced the acquisition of the paint protection film business of Car Care Products Australia, a distributor of automotive protective films serving Australia. Car Care Products Australia will remain in business selling its non-paint protection film products.\n<\/p>\n<p>\nMat Moreau, Senior Vice President, Sales and Product of XPEL, stated, \u201cAustralia is a great market for us and one we think we can develop greatly. We\u2019re excited to begin serving our customers in Australia directly and to increase our investment in the market for their benefit.\u201d\n<\/p>\n<p>\nThe Company expects to add training, marketing and other local operational support in the coming months.\n<\/p>\n<p><b>About XPEL, Inc.<\/b><\/p>\n<p>\nXPEL is a leading provider of protective films and coatings, including automotive paint protection film, surface protection film, automotive and commercial\/residential 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 technical support and world-class training. XPEL, Inc. is publicly traded on Nasdaq under the symbol \u201cXPEL\u201d.\n<\/p>\n<p><b>Safe harbor statement<\/b><\/p>\n<p><i>This release includes forward-looking statements regarding XPEL, Inc. and its business, which may include, but is not limited to, anticipated use of proceeds from capital transactions, expansion into new markets, and execution of the company&#8217;s growth strategy. Often, but not always, forward-looking statements can be identified by the use of words such as &#8220;plans,&#8221; &#8220;is expected,&#8221; &#8220;expects,&#8221; &#8220;scheduled,&#8221; &#8220;intends,&#8221; &#8220;contemplates,&#8221; &#8220;anticipates,&#8221; &#8220;believes,&#8221; &#8220;proposes&#8221; or variations (including negative variations) of such words and phrases, or state that certain actions, events or results &#8220;may,&#8221; &#8220;could,&#8221; &#8220;would,&#8221; &#8220;might&#8221; or &#8220;will&#8221; be taken, occur or be achieved. Such statements are based on the current expectations of the management of XPEL. The forward-looking events and circumstances discussed in this release may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the company, performance and acceptance of the company&#8217;s products, economic factors, competition, the equity markets generally and many other factors beyond the control of XPEL. Although XPEL has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and XPEL undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20221003005311r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20221003005311\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20221003005311\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Relations:<br \/>\n<br \/>John Nesbett\/Jennifer Belodeau<br \/>\n<br \/>IMS Investor Relations<br \/>\n<br \/>Phone: (203) 972-9200<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:jnesbett@institutionalms.com\">jnesbett@institutionalms.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Texas Australia\/Oceania Australia United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Chemicals\/Plastics Automotive Other Automotive Automotive Manufacturing General Automotive Manufacturing Other Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>XPEL Acquires Assets of Australian-Based Distributor SAN ANTONIO&#8211;(BUSINESS WIRE)&#8211; XPEL, Inc. (Nasdaq: XPEL) (the \u201cCompany\u201d), a global provider of protective films and coatings, today announced the acquisition of the paint protection film business of Car Care Products Australia, a distributor of automotive protective films serving Australia. Car Care Products Australia will remain in business selling its non-paint protection film products. Mat Moreau, Senior Vice President, Sales and Product of XPEL, stated, \u201cAustralia is a great market for us and one we think we can develop greatly. We\u2019re excited to begin serving our customers in Australia directly and to increase our investment in the market for their benefit.\u201d The Company expects to add training, marketing and other local operational support in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/xpel-acquires-assets-of-australian-based-distributor\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;XPEL Acquires Assets of Australian-Based Distributor&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-691174","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>XPEL Acquires Assets of Australian-Based Distributor - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/xpel-acquires-assets-of-australian-based-distributor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XPEL Acquires Assets of Australian-Based Distributor - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"XPEL Acquires Assets of Australian-Based Distributor SAN ANTONIO&#8211;(BUSINESS WIRE)&#8211; XPEL, Inc. (Nasdaq: XPEL) (the \u201cCompany\u201d), a global provider of protective films and coatings, today announced the acquisition of the paint protection film business of Car Care Products Australia, a distributor of automotive protective films serving Australia. Car Care Products Australia will remain in business selling its non-paint protection film products. Mat Moreau, Senior Vice President, Sales and Product of XPEL, stated, \u201cAustralia is a great market for us and one we think we can develop greatly. We\u2019re excited to begin serving our customers in Australia directly and to increase our investment in the market for their benefit.\u201d The Company expects to add training, marketing and other local operational support in &hellip; Continue reading &quot;XPEL Acquires Assets of Australian-Based Distributor&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/xpel-acquires-assets-of-australian-based-distributor\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-03T12:33:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20221003005311r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/xpel-acquires-assets-of-australian-based-distributor\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/xpel-acquires-assets-of-australian-based-distributor\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"XPEL Acquires Assets of Australian-Based Distributor\",\"datePublished\":\"2022-10-03T12:33:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/xpel-acquires-assets-of-australian-based-distributor\\\/\"},\"wordCount\":521,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/xpel-acquires-assets-of-australian-based-distributor\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20221003005311r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/xpel-acquires-assets-of-australian-based-distributor\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/xpel-acquires-assets-of-australian-based-distributor\\\/\",\"name\":\"XPEL Acquires Assets of Australian-Based Distributor - 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