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You are here: Home / Archives for Uni-Select

LKQ to Acquire Uni-Select for $2.1 Billion

February 27, 2023 By CollisionWeek Editor Leave a Comment

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 […]

Filed Under: News Tagged With: Acquisitions, FinishMaster, LKQ Corporation, Uni-Select

Uni-Select Inc. Reports 2022 Sales Up 7.4%

February 21, 2023 By CollisionWeek Editor

Uni-Select Inc. (TSE:UNS) reported consolidated sales of $1,731.4 million in 2022, up $118.6 million or 7.4% compared to 2021. Sales increased by 11.7% excluding the impact of unfavorable fluctuation of the British pound and the Canadian dollar against the US dollar. The company reported organic growth of 10.7% with all three segments reporting positive organic […]

Filed Under: News Tagged With: Earnings, Uni-Select

Uni-Select Inc. Reports 2022 Third Quarter and Nine-Month Highlights and Financial Results

November 4, 2022 By CollisionWeek Editor

FinishMaster U.S. segment reported sales of $189.1 million, with organic growth of 8.1%. Uni-Select Inc. (TSE:UNS) today reported Consolidated sales of $452.7 million for the third quarter ended September 30, up $26.6 million or 6.2% from last year. The results were up 11.6% when the impact of the unfavorable fluctuation of the British pound and […]

Filed Under: News Tagged With: Earnings, FinishMaster, Uni-Select

Uni-Select Reports Sales Up 6.7% in Second Quarter

August 5, 2022 By CollisionWeek Editor

FinishMaster US second quarter sales were $186.5 million, up 8.9%. Uni-Select Inc. (TSE: UNS) today reported consolidated sales of $444.3 million, up $27.9 million or 6.7%, for the second quarter ended June 30. Sales were up 10.8% excluding the impact of unfavorable fluctuation of the British pound and the Canadian dollar against the US dollar […]

Filed Under: News Tagged With: Earnings, FinishMaster, Uni-Select

Uni-Select Acquires Distributor in Ontario, Canada

July 25, 2022 By CollisionWeek Editor

Uni-Select Inc. announced today that it has entered into a definitive agreement to acquire Maslack Supply Limited and related real properties, expanding its presence in Ontario, Canada.  Family-owned and operated, Maslack was founded in 1959 and has grown to include 13 locations across northern Ontario, over 200 dedicated employees, and over CA$52 million dollars ($42.4 […]

Filed Under: News Tagged With: Acquisitions, Canada, Ontario, PBE Distributor, Uni-Select

Uni-Select Canada and the Colonial Group Announce Strategic Agreement

May 24, 2022 By CollisionWeek Editor

Uni-Select Canada Inc. (TSE:UNS) announced today that it has entered into a strategic agreement with Colonial Garage & Distributors Limited and its affiliated companies to join its Canadian network of independent members, a foundation of Uni-Select’s success for over 50 years. The Colonial Group, a family owned and operated business, established almost 100 years ago, […]

Filed Under: News Tagged With: Agreements Signed, Canada, Colonial Auto Parts, Uni-Select

Uni-Select Reports First Quarter Sales Up 10.7% to $409.6 million

May 5, 2022 By CollisionWeek Editor

FinishMaster US segment had 9.2% organic growth in quarter. Uni-Select Inc. (TSE:UNS) today reported consolidated sales of $409.6 million for the first quarter ended March 31, up $39.5 million or 10.7% from the first quarter of 2021. The sales increase was driven by organic growth of 11.6%, with all three segments reporting positive organic growth, […]

Filed Under: News Tagged With: Earnings, FinishMaster, Uni-Select

Uni-Select Reports Sales Up 9.6% in Fourth Quarter

February 23, 2022 By CollisionWeek Editor

FinishMaster organic sales up 8.5% compared to 2020. Uni-Select Inc. (TSE:UNS) on Friday reported consolidated sales of $400.2 million for the fourth quarter ended December 31, up by 9.3%, mainly driven by organic growth of 7.5% and favorable Canadian and British currency fluctuations, offsetting the adverse effect of fewer billing days. Consolidated organic growth continued […]

Filed Under: News Tagged With: Earnings, Uni-Select

Uni-Select Reports Sales Up Over 7% in Third Quarter Compared to 2020

November 12, 2021 By CollisionWeek Editor

FinishMaster third quarter sales were $174.9 million, also up 7%. Uni-Select Inc. (TSX: UNS) reported consolidated sales in its third quarter ended September 30 of $426.1 million, up 7.8%, driven by organic growth of 3.9% primarily resulting from increased demand and prices as global markets continue to recover from the COVID-19 pandemic. Earnings before interest, […]

Filed Under: News Tagged With: Earnings, FinishMaster, Uni-Select

Michael Sylvester Named President and COO of FinishMaster

October 13, 2021 By CollisionWeek Editor

Uni-Select Inc. announced the appointment of Michael Sylvester as President and Chief Operating Officer, FinishMaster Inc., effective October 11. Sylvester has over 20 years’ experience in leadership roles in the rail transport industry. He has proven to be a hands-on operator and a strategic negotiator with clients and suppliers, working in a mature industry with […]

Filed Under: News Tagged With: FinishMaster, People, Uni-Select

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