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FinishMaster Completes its Acquisition of Annex

Published on 2016-04-05. Author : SpecialChem

BOUCHERVILLE -- FinishMaster, one of the leading distributors of paint and related products in the United States and subsidiary of Uni-Select Inc , one of the leading distributors of automotive products in Canada, announced it has completed the acquisition of substantially all of the operating assets of Annex Group Inc. and related entities (“Annex”). This acquisition significantly expands FinishMaster’s footprint in the state of Washington and across three major metropolitan markets in California.

Fig. 1: FinishMaster

Founded in 1983 with the simple philosophy to win as a team, Annex specializes in the automotive, commercial fleet, marine, architectural and the industrial segments. Offering a comprehensive set of tools including business development, regulatory assistance, and technical support, the Annex team provides exceptional service and support across nine locations in the Seattle, Everett and Tacoma markets in the state of Washington and the Los Angeles/Orange County, San Diego, and San Francisco, California metropolitan markets.

“Annex’s promise to be the leader in creating value and commitment to exceptional customer support is a perfect match with FinishMaster’s vision and core values. We are happy to welcome more than 80 team members to our FinishMaster family. Both of our companies have a long history of excellence in customer support and this commitment will strengthen as we join as one team,” stated Steve Arndt, President and Chief Operating Officer of FinishMaster.

“This acquisition aligns with our strategy to build density in key markets and in industrial segments,” added Henry Buckley, President and Chief Executive Officer of Uni-Select.

About Annex

Founded in 1983 with the simple philosophy to win as a team, Annex specializes in the automotive, commercial fleet, marine, architectural and the industrial segments.

About FinishMaster

FinishMaster, a subsidiary of Uni‐Select, is one of the leading national independent distributors of automotive paints, coatings and related accessories in the United States. FinishMaster operates three major distribution centres with 198 branches and more than 1,500 teammates in 31 states.

About Uni‐Select

Uni-Select is one of the leaders in the distribution of automotive refinish and industrial paint and related products across North America, as well as in the automotive aftermarket parts business in Canada. It has over 2,700 team members, spread across a network of 13 distribution centers and over 245 corporate stores, are dedicated to supplying its customers the right products, at the right place, and when they need them. Uni-Select also offers advanced solutions and first-rate service to enable its customers’ success. In the United States, FinishMaster, Inc., a subsidiary of Uni-Select operates a network of automotive refinish corporate stores from coast to coast under the FinishMaster banner and supports more than 6,000 collision repair center customers.

Source:
FinishMaster

 

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