Uni-Sélect Inc.
TSX : UNS

Uni-Sélect Inc.

August 02, 2006 11:14 ET

Uni-Select Continues its Expansion in Canada and the USA

BOUCHERVILLE, QUEBEC--(CCNMatthews - Aug. 2, 2006) - Uni-Select Inc.(TSX:UNS) is pleased to announce that it maintains the course on acquisitions within Canada and the USA and has completed the purchase of 6 automotive distribution related business, one in Canada and five in the US.

In Canada, Uni-Select acquired all of the shares of Albatross Automotive, a business that operates 3 jobber stores in the Greater Toronto Area. In the US, Uni-Select purchased the assets of South Austin Auto Supply, Inc., a small jobber located in the State of Texas and Earl Bristo Company, a larger jobber located in the same area. Uni-Select also acquired the assets of Auto Friend, Inc., a jobber in the State of Georgia, Plano Auto Supply & Machine, Inc., a jobber in the State of Texas and most recently, the assets of Markauto Parts, Inc., a warehouse distributor with activities in the State of New York.

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. The acquisitions are expected to increase sales by an amount of approximately CDN$9 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 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
    (450) 641-2440
    www.uni-select.com
    or
    UNI-SELECT INC.
    Richard G. Roy
    Vice President, Administration and Chief Financial Officer
    (450) 641-2440