Uni-Sélect Inc.

Uni-Sélect Inc.

June 14, 2005 11:23 ET

Uni-Select Continues its Expansion in Canada and in the USA

BOUCHERVILLE, QUEBEC--(CCNMatthews - June 14, 2005) - Uni-Select Inc. (TSX:UNS) is pleased to announce that since the beginning of 2005 it has continued its expansion, through its subsidiaries, within Canada and the U.S.A. by completing a share acquisition in Canada, five purchases and one sale in the U.S.

In Canada, Uni-Select acquired all of the shares of Triline Auto Parts Inc., a jobber store in Ontario. In the U.S., Uni-Select purchased the assets of Action Automotive Distributing, Inc., a large jobber located in the state of Washington, and Kirkland Auto Parts, Inc., a smaller jobber located in the same area. Uni-Select also acquired part of the assets of Johnson Industries, Inc. located in Texas and Oklahoma and the assets of Motor Parts Warehouse, Inc., a warehouse distributor with activities in St. Louis, Missouri. In addition, Uni-Select completed the acquisition of the assets of Marton, Inc., in New England and sold, to a customer, its store located in Lawrence, Massachusetts.

Although not significant on an individual basis, the acquisitions will add to the annual sales generated by Uni-Select's Automotive Group - Canada and Automotive Group - USA and ensure that Uni-Select maintains its market share. The acquisitions are expected to increase sales by an amount of approximately CDN$29 million.

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 800 independent jobbers in Canada and almost 2,000 in the United States. Uni-Select is headquartered in Montreal and is expected to generate revenues in excess of CDN$1.1 billion in 2005. Uni-Select shares (UNS) are traded on the Toronto Stock Exchange (TSX).

Contact Information

  • Uni-Select Inc.
    Jacques Landreville
    President and Chief Executive Officer
    (450) 641-2440
    Uni-Select Inc.
    Richard G. Roy
    Vice President, Administration and Chief Financial Officer
    (450) 641-2440
    (450) 449-4908 (FAX)