XPEL Expands Presence in China with $45-$50M Acquisition

XPEL has acquired the assets of its exclusive aftermarket distributor in China, expected to generate annual revenues of $45-$50 million, adding $13-$18 million in incremental revenue. This move strengthens XPEL's presence in the Chinese aftermarket and expands its product distribution capabilities in the region.

XPEL Inc. (NASDAQ: XPEL) announced on September 10, 2025, that it has acquired the assets of its exclusive aftermarket distributor in China. This strategic move aims to enhance the company's market presence and product distribution capabilities in the region, according to a statement from the company XPEL acquires assets of exclusive aftermarket distributor in China^[1].

The acquired business is expected to generate annual revenues of approximately $45 - $50 million, adding incremental revenue of around $13 - $18 million for XPEL on a pro-forma basis. The acquisition aligns with XPEL's long-term strategy of establishing a direct go-to-market presence in key international markets, as stated by Ryan Pape, President and Chief Executive Officer of XPEL XPEL acquires assets of exclusive aftermarket distributor in China^[1].

This move signifies a significant step forward in XPEL's expansion plans, particularly in the aftermarket segment. By acquiring the assets of its exclusive distributor, XPEL can better control its product distribution and sales channels in China. The company has been investing heavily in this strategy over the past several years, and this acquisition is a culmination of those efforts XPEL acquires assets of exclusive aftermarket distributor in China^[1].

The acquisition is expected to bolster XPEL's financial performance, with the company targeting a Q3 2025 revenue of $117M–$119M, driven by direct sales and new product launches . This acquisition not only strengthens XPEL's market position in China but also sets the stage for further international expansion.

In summary, XPEL's acquisition of its exclusive aftermarket distributor in China is a strategic move that enhances its market presence and revenue potential. The company continues to demonstrate a strong commitment to expanding its global reach and strengthening its financial performance.