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A fine finish

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In September 2010 Graphite led the £130 million buy-out of U-POL, a leading independent manufacturer and distributor of branded automotive refinishing consumables.

U-POL manufactures and markets refinish products (primarily body fillers, coatings and aerosols) for the global automotive aftermarket.  The company has an enviable reputation for product quality and innovation, which is the key to its global success. U-POL is the market leader in the UK and has strong, growing positions in the US, China and other overseas territories.

Since Graphite’s investment a new chairman and commercial director have been appointed, bringing with them a broader strategic vision and previous experience of working for larger, global competitors.

In addition, the company has invested significantly in its finance function, including the implementation of new financial information and reporting systems.

It has also recurited overseas sales personnel to facilitate further international expansion. A new warehouse has been opened to allow the business to meet the continued strong demand for its products.