Uni-Select expands network with purchase of Quebec companies
February 10, 2016 by Manufacturing AUTOMATION
Feb. 10, 2016 – Uni-Select, a distributor of automotive products in Canada and parent company of FinishMaster, says it has completed the acquisition of Pièces d’autos M.A.G. Inc., a former member of a rival automotive parts distributor that operates in Sherbrooke, Que. It has also entered into an agreement to purchase Jean Talon Auto Parts Ltd., which operates six locations in Montreal, and Centre de Pieces Gagnon, which has a single location in Montreal.
The company says these acquisitions will expand Uni-Select’s reach in the province, as it works to “develop a strong corporate store network across Canada.”
“We are proud to add M.A.G. to the Uni-Select family in the Sherbrooke area and to have these long‑time Uni-Select customers, Jean Talon Auto and Pièces Gagnon, continue to serve the Greater Montreal Area,” said Gary O’Connor, president and chief operating officer, Automotive Canada.
“We are very pleased to add these terrific businesses and teams to our network of corporate stores in the important urban Montreal and Sherbrooke markets,” added Henry Buckley, president and CEO of Uni‑Select.
Financial details of the transactions, which are expected to close within 60 days, were not disclosed.
— With files from The Canadian Press