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Slide #4. Uni-Select — J.K. Distributors, Inc.
Acquirer:
Uni-Select (UNS.CA)
Acquiree:
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 today that its subsidiary Uni-Select USA, Inc. has signed an agreement to acquire substantially all the assets of J.K. Distributors, Inc. This transaction, subject to usual conditions and expected to close on March 17, 2014, will complement and strengthen Uni-Select's activities on the East Coast.
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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