Boucherville (Québec), December 14, 2015 – Uni-Select Inc. (TSX:UNS), a leading distributor of automotive products in Canada and parent of FinishMaster, Inc., a leading distributor of paint and related products in the United States, announced today that FinishMaster, Inc. has completed the acquisition of substantially all of the assets of Aquia Auto Parts, Inc., doing business under the name Refinish Solutions (“Refinish Solutions”). This transaction was initially announced on December 8, 2015 but the closing of which was subject to certain customary closing conditions that have been satisfied on this date.
“Our success starts with our team, and our newest team members are trusted experts in their market, who will continue to drive business growth as part of the FinishMaster family,” stated Steve Arndt, President and Chief Operating Officer, FinishMaster.
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 172 branches and more than 1,500 teammates in 29 states.
Uni-Select is a leader in the Canadian distribution of automotive products. Over 2,400 employees spread across 13 distribution centres and over 200 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