FinishMaster Inc., a leading distributor of paint and related products in the United States and subsidiary of Uni-Select Inc., announced today that it has completed the acquisition of substantially all of the assets of ColorMaster Automotive Paint Inc.
This transaction was announced on Dec. 28, 2015 and its consummation was subject to certain customary closing conditions, all of which have been satisfied.
“We are happy to welcome more than 76 new team members to the FinishMaster family. Our combined efforts will accelerate growth in new geographic areas and maximize our service, product, and technical support to new and existing customers,” said Steve Arndt, President and Chief Operating Officer, FinishMaster.
“This acquisition of a leading regional player in the automotive refinish sector is a key strategic addition to our portfolio,” said Henry Buckley, President and Chief Executive Officer of Uni-Select.
FinishMaster is a leading national independent distributor of automotive paints, coatings and related accessories in the United States. FinishMaster operates three major distribution centers with 187 branches and more than 1,600 teammates in 30 states.
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