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Uni-select inc. Completes the Purchase of Consumer Auto Parts

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-09-02
BOUCHERVILLE, QUEBEC--(Marketwire - Aug. 31, 2007) - Uni-Select Inc.(TSX: - ) has closed the acquisition of Consumer Auto Parts, Inc. This development was previously announced on August 21 when the completion of the acquisition remained subject to certain conditions that have since materialised.

Consumer Auto Parts is an automotive replacement parts distributor and operator of 23 points of sale and one distribution center that is primarily active in the State of Massachusetts.

This development should add annual sales of $41M US to the business of Uni-Select.

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 2,033 independent jobbers and services over 3,063 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).

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