12.30.15
FinishMaster, Inc., a leading distributor of paint and related products in the United States and subsidiary of Uni-Select Inc., a leading distributor of automotive products in Canada, has entered into an agreement to purchase substantially all of the assets of ColorMaster Automotive Paint, Inc. This transaction, the consummation of which is subject to customary closing conditions and is expected to close within 30 days following the date hereof, will substantially increase FinishMaster's footprint in Illinois, Missouri and Texas and will mark FinishMaster's first branch in Louisiana.
ColorMaster opened its first location in St. Louis, Missouri in 1991. As a result of the team's unwavering focus to build strong relationships and provide consistent support to their customers, ColorMaster has grown to 15 locations over the past two decades. The team primarily operates in the refinish segment of the aftermarket industry, but also has unique expertise in the heavy industrial market in Texas.
ColorMaster opened its first location in St. Louis, Missouri in 1991. As a result of the team's unwavering focus to build strong relationships and provide consistent support to their customers, ColorMaster has grown to 15 locations over the past two decades. The team primarily operates in the refinish segment of the aftermarket industry, but also has unique expertise in the heavy industrial market in Texas.