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 […]
Acquisitions Drive Uni-Select 24.3% Sales Growth in Third Quarter
FinishMaster US sales up 2.1 percent compared to 2016. Uni-Select reported consolidated sales for the third quarter ended September 30 were $395.8 million, a 24.3 percent increase compared to the same quarter last year, driven by the sales generated from recent business acquisitions, adding sales of $84.0 million or 26.4 percent of which The Parts […]
Uni-Select Reports Second Quarter Sales Up 5.1%
Finishmaster sales up 6.6 percent Uni-Select Inc. (TSE:UNS), the parent of FinishMaster, today reported sales for the second quarter of $340.3 million, a 5.1 percent increase compared to the same quarter last year. The increase was driven by the sales generated mainly from recent US business acquisitions, adding sales of $33.7 million or 10.4 percent […]
FinishMaster Opens Greenfield Location in Nashville
FinishMaster, Inc., a wholly-owned subsidiary of Uni-Select Inc. (TSE:UNS), announced it has opened its first location, a greenfield branch, in Nashville, Tenn. The Nashville opening marks FinishMaster’s fifth location in the state and supports its strategic plan to expand in major metropolitan areas. With the addition of Nashville, FinishMaster now operates 216 branches in 33 […]
Uni-Select Reports Sales Up 12.6% in First Quarter
Uni-Select Inc. (TSE:UNS), the parent of FinishMaster, reported its financial results for the first quarter ended March 31. The company reported $297.2 million in sales, up 12.6 percent. According to the company, the increase was driven by the sales generated mainly from recent U.S. business acquisitions, resulting in additional sales of $44.5 million or 16.8 […]
Tom Young, Former President of DuPont Automotive Refinish and FinishMaster, Passes Away
Thomas (Tom) Young passed away April 1 at the age of 84. Young spent most of his career at DuPont working at locations including San Francisco, St. Louis, Brussels, Belgium, Detroit, and Wilmington, Del. Young retired after 35 years with DuPont in the spring of 1996 as Worldwide Director of Automotive Refinish. In July 1996, […]
FinishMaster Acquires PBE Distributor with Two Locations in Alaska
FinishMaster, Inc., a wholly-owned subsidiary of Uni-Select Inc. (TSE:UNS), announced yesterday it has acquired Hi-Tec/Professional Paint and Auto Body Supply, Inc. with two locations in Anchorage and Fairbanks, Alaska. The acquisition marks FinishMaster’s entry into the state. With the addition of Alaska, FinishMaster is now located in 33 states and has 222 branches. “We are […]
Uni-Select Reports FinishMaster Sales Up 17.7% in Fourth Quarter Due to Acquisitions
Uni-Select Inc. (TSE:UNS) yesterday reported its financial results for the fourth quarter ended December 31, 2016. Consolidated sales for the fourth quarter were $291.0 million, a 12.3 percent increase, mainly driven by the sales generated from recent business acquisitions, for the most part in the US, representing an increase of 15.3 percent. On an organic […]
FinishMaster Acquires A. D’Angelo & Sons, Inc.
FinishMaster, Inc., a wholly-owned subsidiary of Uni-Select Inc. (TSE:UNS), announced it has acquired A. D’Angelo & Sons, Inc. expanding the company’s footprint in the state of California and in two major metropolitan markets in Las Vegas, Nev. and Phoenix, Ariz. With the purchase of Acme Paint Company in 1956, Arthur “Art” D’Angelo Sr. was determined […]
FinishMaster Announces Two Jobber Acquisitions in New Jersey and Massachusetts
FinishMaster, Inc., a wholly-owned subsidiary of Uni-Select Inc. (TSE:UNS), announced it has completed the acquisition of both Blaise of Color Inc.in Plainfield, N.J. and Crown Auto Body Supply LLC in Salem, Massachusetts. Blaise opened its doors in 1987 and has served the New Jersey market from one location for nearly three decades. FinishMaster currently operates […]