Uni-Select Inc. (TSE:UNS) announced that following the implementation of a number of actions to respond to the COVID-19 pandemic as previously reported, its operating performance was better than anticipated with sales for April and May as well as cash management better than the internal forecast set in late March in response to the uncertainty surrounding […]
Uni-Select Joins Aftermarket Auto Parts Alliance
Uni-Select Inc. (TSE:UNS) announced that, effective June 1, Uni-Select Canada Inc. has joined the Aftermarket Auto Parts Alliance, Inc., the global network of independent automotive warehouse distributors. “We are glad to join the Alliance as we are both driven by entrepreneurial spirit and have a strong commitment to the aftermarket,” said Brent Windom, President and […]
Uni-Select Completes Refinancing with New $565 Million Credit Facilities
Uni-Select Inc. (TSE:UNS), the parent of FinishMaster, today announced that it has successfully secured new credit facilities providing access to additional liquidity on more flexible financial terms and conditions. The new $565 million secured credit facilities, which will mature on June 30, 2023, consist of a $350 million revolving credit facility and $215 million term […]
Uni-Select Inc. Reports First Quarter Sales Down Nearly 3% on Impact from Coronavirus
Uni-Select Inc. (TSE:UNS) today reported sales of $407.7 million for the first quarter ended March 31, down 2.9% from 2019, and negative organic growth of 3.4%. The company estimated the impact from the COVID-19 crisis on sales of 3% to 4%. Excluding the effect of COVID-19, consolidated organic sales would have been relatively flat against […]
Jason Best Named Senior VP of Sales for Canada at Uni-Select
Uni-Select Inc. announced that Jason Best has joined the leadership team of Uni-Select’s Canadian Automotive Group as Senior Vice President, Sales, Canada, effective April 13. “We’re pleased to welcome such a seasoned sales leader to our team. Jason spent his entire career in the automotive aftermarket and he brings a solid track record to lead […]
Uni-Select Inc. Reports Locations Open Where Appropriate and Permitted
Third of Locations Closed, Half of Staff Furloughed Uni-Select Inc. (TSE:UNS), the parent of FinishMaster, today provided an update regarding its operations given the recent developments in the COVID-19 global pandemic. “Our first priority is always to ensure the health, safety and welfare of our 6,000 employees and customers and this is even more true […]
Joseph McCorry Named President and COO of FinishMaster, Inc.
Uni-Select Inc. (TSE:UNS) today announced that Joseph E. McCorry has been appointed to the position of President and Chief Operating Officer of FinishMaster, Inc. effective March 30. McCorry brings more than 25 years of experience in the automotive industry serving global aftermarket customers. He was most recently a board member, General Manager and Vice President, […]
Uni-Select Inc. Reports Fourth Quarter Sales Down Compared to 2018, Full Year Sales Up
Uni-Select Inc. (TSE:UNS) reported its financial results for the fourth quarter and the year ended December 31, 2019 as well as providing updates on its Performance Improvement Plan (PIP). Sales were down 1.5% in constant currency to $412.6 million in the fourth quarter and up 1.1% in constant currency to $1,739.6 million for 2019, driven […]
Uni-Select Reports Third Quarter Sales of $450.8 million
FinishMaster U.S. segment reported sales of $215.7 million. Uni-Select Inc. (TSE:UNS), the parts distributor and parent of FinishMaster, reported consolidated sales of $450.8 million for the third quarter ended September 30, when compared to the same quarter last year, were affected by a foreign currency conversion impact amounting to $6.8 million or 1.5%. Consolidated organic […]
Uni-Select Honors Top Canadian Suppliers
Uni-Select Inc. (TSE:UNS) announced the winners of its annual awards for the Canadian supply partners, which celebrate the achievements, innovation and outstanding service of its most performant partners. “Congratulations to all the winners. We continuously strive to provide exceptional customer service and collaborative partnerships are an essential link to achieve operational excellence,” said Brent Windom, […]