MONTREAL --
According to a February 15 press release, Uni-Select USA, Inc., a subsidiary of Uni-Select Inc. based in Montreal, Canada, has entered into an agreement to purchase the assets of Motor Parts Warehouse, Inc. (MPW). Both Uni-Select and MPW are members of the Parts Plus program group.
This is the second major acquisition Uni-Select has made in the last four months. On Nov. 1, 2004, Uni-Select merged with Middle Atlantic Warehouse Distributor, Inc. (MAWDI), significantly expanding Uni-Select’s reach into the U.S.
MPW operates two distribution centers in St. Louis, Mo. The closing of the transaction is expected to take place on March 31. Following the transaction, the operations of MPW will be integrated into the expanded distribution
center already operated by Uni-Select USA, Inc. in St. Louis.
This business development is expected to add annual sales of $9.3 million to Uni-Select's Automotive Group USA.
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