Boucherville (Québec), September 14, 2015 – Uni‐Select Inc. (TSX:UNS), a leading distributor of automotive product in Canada and paint and related products in the United States, announced today that its subsidiary, FinishMaster, Inc., has completed the acquisition of the assets of Auto Paint Specialists, Inc., APS Tower Paint Company, Inc., and L.I.C., Incorporated. (collectively “Auto Paint Specialists”), aftermarket distributors located in Wisconsin and the assets of Dan’s Distributing Co. in Northern California. In addition, FinishMaster opened its first branch in Washington, just outside of Seattle.
Auto Paint Specialists opened its doors in 1987, serving the market for nearly three decades from two locations in Green Bay and Appleton, Wisconsin. Exceptional technical service and first‐rate color match support are key components of the business and a perfect fit within FinishMaster’s commitment to exceptional customer service. FinishMaster currently operates 4 additional locations in Wisconsin.
Dan’s Distributing, Co. was founded in 1979, serving the greater Central Valley and foothills of Northern California from a single location. The team’s focus on superior service enhances our ability to create consistent and exceptional customer experiences. FinishMaster currently operates 29 additional locations in California.
Committed to expand the national footprint and enhance service capabilities to key customers, FinishMaster opened its first branch in Auburn, Washington. This new location creates opportunity in a new market and is a key component of a larger development strategy across the Northwestern United States.
“The foundation of our business success is our team, and our newest members are experienced, knowledgeable, and dedicated to helping our customers grow their business. The expansion of our national footprint through greenfield and acquisition exemplifies our commitment to magnify our footprint to meet customer demand,” stated Steve Arndt, President and Chief Operating Officer, FinishMaster.
“We continue to be very excited about the prospects to grow our FinishMaster business both organically and through select acquisitions as today’s announcement demonstrates,” added Henry Buckley, President and Chief Executive Officer of Uni‐Select.
ABOUT FINISHMASTER AND UNI‐SELECT
FinishMaster, a subsidiary of Uni‐Select, is the leading national independent distributor of automotive paints, coatings and related accessories in the United States. FinishMaster operates three major distribution centres with over 168 branches and more than 1,400 teammates in 28 states.
Leader in the Canadian distribution of automotive products, Uni‐Select is also a leading independent automotive paint distributor in the United States with FinishMaster. Over 2,400 employees spread across 13 distribution centres and over 193 corporate stores are dedicated to offering advanced solutions and first‐rate service to customers in order for them to benefit from a positively superior experience. Uni‐Select’s strong network and proficient programs contribute to the success of countless auto service shops and collision centres as well as more than 1,155 independent wholesalers in North America. Its Canadian banner programs made up of Auto Parts Plus®, Auto‐Plus®, Bumper to Bumper®, Auto Select™, Uni‐Pro®, SAX and Carrossier ProColor® regroup over 3,900 shops and stores.
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. Such risks and uncertainties may include, for example, the impact of the transaction on the business of Uni‐Select as a whole and certain strategic benefits expected to result from the transaction. 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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Louis Juneau | Chief Legal Officer and Corporate Secretary
Tel. 450 641‐6922 | email@example.com