Uni-Sélect Inc.

Uni-Sélect Inc.

December 11, 2006 11:46 ET

Uni-Select Acquires a Distributor of Body Shop Supplies

BOUCHERVILLE, QUEBEC--(CCNMatthews - Dec. 11, 2006) - Uni-Select Inc. (TSX:UNS) announces the purchase of Plastique Royal, a distributor of automotive paint and body shop products that has been operating from a warehouse located in the City of Laval, Province of Quebec.

Plastique Royal will be pursuing its activities as an independent business unit and will be part of Automotive Group Canada. The specialty products distributed by Plastique Royal will, in time, be offered across Canada; these products are an addition to the offering of products distributed through Uni-Select's warehouses and are primarily sold to body shop and collision repair specialists.

Jacques Landreville President and Chief Executive Officer of Uni-Select and Michel Roy President of Plastique Royal voiced the following comment at the closing of the acquisition 'We truly look forward to build on the acquired expertise and expand this business throughout the Uni-Select Network'.

This business development is expected to add annual sales of $5,000,000 to Uni-Select's Automotive Group Canada.

Uni-Select is Canada's second largest distributor of automotive replacement parts, equipment, tools and accessories and through Uni-Select USA, Inc.; the company also provides service to customers in the United States where it is the 8th largest distributor. Its subsidiary, Palmar Inc., sells replacement parts, tools and accessories for heavy-duty vehicles and wheels in Canada. The Uni-Select Network includes over 2,100 independent jobbers and services over 3,100 points of sale in Canada and the United States. Uni-Select is headquartered in Montreal. Uni-Select shares (UNS) are traded on the Toronto Stock Exchange (TSX).

Contact Information

  • Uni-Select Inc.
    Jacques Landreville
    President and Chief Executive Officer
    Uni-Select Inc.
    Richard G. Roy
    Vice President, Administration and Chief Financial Officer
    450-449-4908 (FAX)