Uni-Select Inc., a distributor of replacement parts and paint products for motor vehicles in North America, announced that 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.
The Metro Paint Supplies Group has served automotive and industrial customers in the Midwest since 1951, operating three stores and one warehouse in the Chicago Metropolitan area, Illinois and additional stores in Denver and in Colorado Springs, Colorado. Combining the experience of the Metro Paint Supplies Group and FinishMaster will strengthen the team's ability to better serve customers. This transaction will also broaden FinishMaster's product offering in Colorado through gained distribution rights of additional product lines.
"We are pleased to welcome the Metro Paint Supplies Group to FinishMaster. This team has a strong tradition of providing great value to their customers, and that tradition will continue after the acquisition. We are proud to continue the legacy that Bill Weiss started over 25 years ago and are fortunate to add talented, experienced people to the FinishMaster team," said Steve Arndt, president and chief operating Ooficer, FinishMaster. "This acquisition will bring value in additional products and services available to our customers' and strengthen FinishMaster's leading position in the distribution of automotive paints, coatings and related accessories in the United States."
Uni-Select Completes the Acquisition of the Metro Paint Supplies Group
Published February 20, 2014
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