Department Stores M&A » By The Online Investor Staff, updated Mon., Aug. 8, 12:32 PM
Recent mergers and acquisitions in the Department Stores M&A category.
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Slide #3. Uni-Select USA, Inc. — Substantially all the assets of J.K. Distributors, Inc.
Acquirer:
Uni-Select USA, Inc. (TSE:UNS.CA)
Acquiree:
Substantially all the assets of J.K. Distributors, Inc.
Details:
Uni-Select Inc. (TSX:UNS), a major distributor of replacement parts and paint products for motor vehicles in North America, is pleased to announce that its subsidiary Uni-Select USA, Inc. has completed yesterday its acquisition of substantially all the assets of J.K. Distributors, Inc. This transaction, initially announced on March 4, 2014, will enhance Uni-Select's network with 9 corporate stores in Virginia.
Uni-Select is a dsitributor of automotive products and paint and related products for motor vehicles. Co. has four segments: FinishMaster U.S., distributes automotive refinish and industrial coatings and related products in the U.S. market; Canadian Automotive Group distributes automotive aftermarket parts and related products, through Canadian networks; The Parts Alliance U.K. distributes automotive original equipment manufacturer and aftermarket parts across the United Kingdom; and Corporate Office and Others related to financing structure.
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