Boucherville, January 12, 2015 – Uni-Select Inc., a major distributor of replacement parts and paint products for motor vehicles in North America, announced today that its subsidiary Uni-Select USA, Inc. has completed the acquisition of substantially all the assets of DB Rick’s Inc.
DB Rick’s is a well respected wholesaler of automotive parts and paint products operating one store in Rochester, NY and catering mostly to professional repair service centres. This acquisition will complement and strengthen Uni-Select’s activities in the North East.
“This acquisition perfectly complements our activities and leverages the improvements made to our distribution network in recent years. Uniting the experience of both teams enhances our ability to offer first-rate service to our customers,” said Brent Windom, President and Chief Operating Officer, Uni-Select USA, Inc.
“The drive behind Uni-Select’s growth is our commitment to increasing our market share through strategic acquisitions and a proactive sales approach. Combined with our team’s passion for delivering superior customer experience and helping our partners succeed, every addition to our Corporation contributes to our strong progression,” added Henry Buckley, Chief Operating Officer of Uni-Select.
Founded in 1968, Uni-Select is a major distributor of replacement parts, equipment, tools, accessories, paint and related products for motor vehicles in North America. Leader in the Canadian industry, Uni-Select is the 5th largest distributor in the United States and the leading independent distributor of automotive paint and related products in the country. With its 5,500 employees, Uni-Select efficiently services a wide network of independent installers and wholesalers, including over 6,600 that operate under one of its banner programs in North America. Uni-Select is headquartered in Boucherville and its shares are traded on the Toronto Stock Exchange (TSX) under the symbol UNS.
The information provided in this press release may include some forward-looking information, which could include certain risks and uncertainties, which may cause the final results to be significantly different from those listed or implied within this news release. For additional information with respect to risks and uncertainties, refer to the Annual Report filed by Uni-Select with the Canadian securities commissions. The forward-looking information contained herein is made as of the date of this press release, and Uni-Select does not undertake to publicly update such forward-looking information to reflect new information, subsequent or otherwise, unless required by applicable securities laws.
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Investor Relations and Communications Manager