FinishMaster Inc. announced it has completed the acquisition of substantially all of the operating assets of Zitco Inc., doing business as Lowell’s PCE. The company says this acquisition significantly broadens FinishMaster’s reach in the Minneapolis/St. Paul metropolitan area.
Lowell’s has been a key paint, body and equipment (PBE) distributor in the Minneapolis/St. Paul market for more than 40 years. A customer-first mentality has attributed to continual growth in the company’s market. Operating from one location in Edina, Minn., the team has developed longstanding relationships by providing consistent service and technical support.
“Our companies share a customer-centric focus, and our commitment to excellence in service will strengthen as we join as one team,” said Steve Arndt, president and chief operating officer of FinishMaster. “Combining experience and local market knowledge equips us to anticipate and exceed customer expectations in the service and support we provide. We are happy to welcome Lowell’s to the FinishMaster family.”
Henry Buckley, president and CEO of Uni-Select, added, “This acquisition is a great example of FinishMaster accelerating growth in a key market, which directly aligns with our profitable growth strategy.”