09:09 AM EDT, 09/11/2025 (MT Newswires) -- XPEL ( XPEL ) said Thursday it has acquired the assets of its exclusive distributor in China aftermarket.

Financial terms of the transaction were not disclosed.

The transaction structure will result in XPEL ( XPEL ) owning a 76% interest in the Chinese entity conducting business in China. The company said the purchase was completed using a combination of cash, deferred payments and other contingent consideration.

The acquired business is expected to have annual revenue of $45 million to $50 million, which adds incremental revenue of about $13 million to $18 million to XPEL ( XPEL ) on a pro-forma basis, the company said.