Acquisition of FinishMaster parent complements North American refinish paint distribution operations and aftermarket automotive parts business.
LKQ Corporation (NASDAQ:LKQ) and Uni-Select Inc. (TSE:UNS) today announced that they have entered into a definitive agreement for LKQ to acquire all of Uni-Select’s issued and outstanding shares for CA$48.00 ($35.41) per share in cash, representing a total enterprise value of approximately CA$2.8 billion ($2.1 billion).
Founded in Boucherville, Québec, Canada in 1968, Uni-Select distributes automotive refinish and industrial coatings and related products in North America through its FinishMaster segment, in the automotive aftermarket parts business in Canada through its Canadian Automotive Group segment
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