Uni-Select Inc.’s FinishMaster Acquires Annex Group

Uni-Select Inc.’s FinishMaster Acquires Annex Group

The Annex team provides service and support across nine locations in Seattle, Everett and Tacoma, Washington, and the Los Angeles/Orange County, San Diego and San Francisco metropolitan markets.

FinishMaster Inc., a distributor of paint and related products in the United States and subsidiary of Uni-Select Inc., a leading distributor of automotive products in Canada, has completed the acquisition of substantially all of the operating assets of Annex Group Inc. and related entities. This acquisition significantly expands FinishMaster’s footprint in the state of Washington and across three major metropolitan markets in California.

FinishMaster - UniSelectFounded in 1983, Annex specializes in the automotive, commercial fleet, marine, architectural and the industrial segments. Offering a comprehensive set of tools including business development, regulatory assistance and technical support, the Annex team provides exceptional service and support across nine locations in the Seattle, Everett and Tacoma markets in the state of Washington and the Los Angeles/Orange County, San Diego and San Francisco metropolitan markets.

“Annex’s promise to be the leader in creating value and commitment to exceptional customer support is a perfect match with FinishMaster’s vision and core values. We are happy to welcome more than 80 team members to our FinishMaster family. Both of our companies have a long history of excellence in customer support and this commitment will strengthen as we join as one team,” said Steve Arndt, president and CEO of FinishMaster.

“This acquisition aligns with our strategy to build density in key markets and in industrial segments,” added Henry Buckley, president and CEO of Uni-Select.

You May Also Like

SMP Announces Q1 2024 Results

Net sales for the first quarter of 2024 were $331.4 million, compared to consolidated net sales of $328.0 million during the comparable quarter in 2023.

SMP Logo

Standard Motor Products, Inc. reported its consolidated financial results for the three months ended March 31, 2024.

Net sales for the first quarter of 2024 were $331.4 million, compared to consolidated net sales of $328.0 million during the comparable quarter in 2023, the company said. Earnings from continuing operations for the first quarter of 2024 were $9.9 million or $0.44 per diluted share, compared to $12.7 million or $0.57 per diluted share in the first quarter of 2023. Excluding non-operational gains and losses identified on the attached reconciliation of GAAP and non-GAAP measures, earnings from continuing operations for the first quarter of 2024 were $10.0 million or $0.45 per diluted share, compared to $13.4 million or $0.61 per diluted share in the first quarter of 2023.

DENSO Announces Year-End Financial Results

Consolidated revenue totaled 7,144.7 billion yen (US$47.2 billion), a 11.6 percent increase from the previous year.

DENSO Announces Year-End Financial Results
Allison Transmission Announces Q1 2024 Results

The company reported record net sales of $789 million.

Allison Transmission Announces Q1 2024 Results
GPC Reports Q1 2024 Results, Updates Full-Year Outlook

Sales were $5.8B, a 0.3% increase compared to the same period of the prior year.

Auto Parts 4 Less Reports Substantial Revenue Growth

The company attributes the growth to strategic initiatives and its LiftKits4Less.com platform, which was reactivated five months ago.

Auto Parts 4 Less Group Inc. Announces Growth Strategy

Other Posts

GPC Acquires Largest NAPA Independent Store Owner in the US

Genuine Parts Company said the acquisition advances its strategic initiative to own more stores in priority markets.

GPC Acquires Largest NAPA Independent Store Owner in the US
HDA’s Colorado Brake & Supply Announces Acquisition

The HDA Truck Pride member has acquired Pueblo Brake & Clutch, Inc.

HDA's Colorado Brake & Supply Announces Acquisition
The Impact of Trade and Tariffs on the Aftermarket

While there are numerous components that make up “landed costs,” duties, taxes and tariffs are a huge factor and can often be a detriment to global trade, says Thomas Cook, managing director at Blue Tiger International.

Auto Parts 4 Less Announces Investment from RB Capital

Auto Parts 4 Less announced it has completed the first tranche of funding from RB Capital Partners.

Auto Parts 4 Less Group Inc. Announces Growth Strategy