Department Stores M&A » By The Online Investor Staff, updated Mon., Jul. 4, 12:02 PM
Recent mergers and acquisitions in the Department Stores M&A category.
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Slide #6. Uni-Select Inc. — Metro Paint Supplies Group
Acquirer:
Uni-Select Inc. (TSE:UNS.CA)
Acquiree:
Metro Paint Supplies Group
Details:
Uni-Select Inc. (TSX:UNS), a major distributor of replacement parts and paint products for motor vehicles in North America, announced that, today, its subsidiary FinishMaster, Inc. completed the acquisition of the assets of Metro Paint Supplies Group, which includes the assets of Metro Paint Supplies, Inc., Midwest Refinishings Supply, Inc. and Automotive Coatings & Equipment LLC. This acquisition will increase FinishMaster's presence in both the Chicago and Colorado markets.
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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