Finishmaster US reports organic growth of 3.1 percent. Uni-Select Inc. (TSE:UNS) today reported sales of $420 million for the first quarter ended March 31, down from $422 million in the first quarter of 2018 but up 2.5 percent organically. The company reported earnings before interest, taxes, depreciation and amortization (EBITDA) of $21.356 million, down from […]
Uni-Select Inc. Reports Sales Up 1.1 percent in Fourth Quarter
Announces search for new president and CEO. Launched performance improvement and rightsizing plan for FinishMaster US. Uni-Select Inc. (TSE:UNS) reported on its earnings for the fourth quarter of 2018 and full year results. The company provided updates on its search for a new president and CEO and its previously announced review of “strategic alternatives” for […]
Uni-Select Inc. Reports Third Quarter Sales up 13.4%
Uni-Select Inc. (TSE: UNS) today reported its sales increased 13.4 percent to $448.8 million for the third quarter ended September 30, driven by the sales generated from business acquisitions of $47.8 million or 12.1 percent, essentially from The Parts Alliance UK segment. All three segments reported positive organic growth for the quarter, producing a consolidated […]
Uni-Select and FinishMaster Announce Leadership Changes
Chris Adams named president of FinishMaster. Also announced review of strategic alternatives for business. Uni-Select Inc. (TSE:UNS) announced today the departure of Henry Buckley, the President and Chief Executive Officer of the company, effective immediately. Buckley has also stepped down as a member of the Board of Directors. The company also announced it was reviewing […]
Uni-Select Reports Second Quarter Sales Up 35.6%
Uni-Select Inc. (TSX: UNS) reported its financial results for the second quarter ended June 30. Sales up 35.6 percent to $461.6 million of which The Parts Alliance contribution represented $111.0 million or 32.6 percent. The company reports positive organic growth of 0.7 percent at FinishMaster US segment, 8.6 percent at The Parts Alliance on a […]
Chris Adams Named SVP of Sales and Marketing at FinishMaster
FinishMaster also announced it opened branch in Oregon. Parts Alliance adds locations in UK. Uni-Select Inc. (TSE:UNS), announced the appointment of Chris Adams as Senior Vice President, Sales & Marketing at FinishMaster and the opening of new branches at FinishMaster and The Parts Alliance. Chris is responsible for all US branches and is leading all […]
FinishMaster celebrates 50th Anniversary
Donates $50,000 to Collision Repair Education Foundation in celebration of milestone FinishMaster, Inc., a wholly-owned subsidiary of Uni-Select Inc. (TSE:UNS) is celebrating its 50th year in business. On April 25th, 1968, in Grand Rapids, Michigan, founder Jim White completed FinishMaster’s first transaction with the aspiration of delivering automotive aftermarket products to collision repair shops. Over […]
Acquisitions Drive Uni-Select Sales Up 42.6% in Fourth Quarter
FinishMaster US sales up 10.1% in the fourth quarter, 8.2% for the year. Uni-Select Inc. (TSE:UNS), the parent of FinishMaster, today reported sales up 42.6 percent to $415.0 million in the fourth quarter and up 21.0 percent to $1,448.3 million for 2017 due to the Parts Alliance and other acquisitions combined with organic sales growth […]
FinishMaster Opens New Distribution Center in Texas
FinishMaster, Inc., a wholly-owned subsidiary of Uni-Select Inc. (TSE:UNS), announced it has opened its fifth distribution center located in Grand Prairie, Texas, in the Dallas-Fort Worth Metroplex. The brand new 60,000 sq. ft. facility uses wire guidance to maximize square footage and efficiency in stocking and shipping products. The addition of this distribution center in […]
Andre Lacy, Former FinishMaster Chairman, Dies in Motorcycle Crash in Africa
LDI Ltd., LLC announced the death of its chairman, Andre B. Lacy, yesterday at age 78. Lacy passed away in Botswana in a single-rider accident while on a private motorcycle tour in southern Africa. LDI acquired majority control of FinishMaster in 1996. Lacy served as chairman and CEO of FinishMaster until his retirement from the […]