XPEL shares surge 10.97% intraday after completing China dealer acquisition and accelerating global expansion with $50.3M in 2025 acquisitions.
ByAinvest
Tuesday, Mar 31, 2026 10:12 am ET1min read
XPEL--
XPEL surged 10.97% intraday, following the completion of an asset acquisition for an exclusive Chinese distributor, leading to the establishment of XPEL New Materials Technology Shanghai Co., Ltd., in which the company holds 76% ownership, to advance its direct sales strategy in the top 25 global automotive markets. Additionally, the company completed five acquisitions in 2025 with a total consideration of $50.3 million, significantly higher than $12.5 million in 2024, accelerating its international market expansion.
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