Uni-Select in Talks to buy Thompson & Co.

Jacques Landreville, Uni-Select president and chief executive officer, announced yesterday that Uni-Select has agreed to purchase the assets of Thompson & Co., Inc. as well as the assets of MGT, Inc (also known as RPM Auto Parts), which operate a distribution center, eight branch locations and one store in New Jersey and Pennsylvania.

BOUCHERVILLE, Quebec — Jacques Landreville, Uni-Select president and chief executive officer, announced yesterday that Uni-Select has agreed to purchase the assets of Thompson & Co., Inc. as well as the assets of MGT, Inc (also known as RPM Auto Parts), which operate a distribution center, eight branch locations and one store in New Jersey and Pennsylvania.

Thompson is a well-respected and established distributor of automotive parts and is a member of the same buying group as Uni-Select USA.

The acquired businesses will operate as units of Automotive Group USA, Northeast Region. Two of the sons of William Thompson, founder of Thompson & Co., will remain with the acquired businesses to ensure the transition and expansion of the acquired activities.

The acquisition is expected to add annual sales of $13 million (USD) to Uni-Select’s revenue. The acquisition, which should be completed in April and is subject to customary closing conditions.

For more information about Uni-Select, go to: http://www.uni-select.com.