FinishMaster Completes Purchase of ColorMaster Automotive Paint, Inc.

FinishMaster Completes Purchase of ColorMaster Automotive Paint, Inc.

“We are happy to welcome more than 76 new team members to the FinishMaster family,” said Steve Arndt, president and COO, FinishMaster.

FinishMaster, Inc., a subsidiary of Uni-Select Inc, a leading distributor of automotive products in Canada, announced that it has completed the acquisition of substantially all of the assets of ColorMaster Automotive Paint, Inc. This transaction was initially announced on Dec. 28th, and its consummation was subject to certain customary closing conditions, all of which have been satisfied on this date.

“We are happy to welcome more than 76 new team members to the FinishMaster family,” said Steve Arndt, president and COO, FinishMaster. “Our combined efforts will accelerate growth in new geographic areas and maximize our service, product, and technical support to new and existing customers.”

Henry Buckley, president and CEO of Uni-Select, added, “This acquisition of a leading regional player in the automotive refinish sector is a key strategic addition to our portfolio.”

You May Also Like

TechForce Foundation, SkillsUSA Partner to Solve Tech Shortage

The mutually beneficial collaboration will help students garner the skills, education and support needed to successfully develop careers as professional technicians.

TechForce Foundation announced it has entered a strategic collaboration with SkillsUSA to empower the next generation of skilled collision repair, aviation, automotive, diesel and welding technicians and tackle the technician shortage head-on. The mutually beneficial collaboration will help students garner the skills, education and support needed to successfully develop careers as professional technicians.

SEMA Appoints New Chief Financial Officer

Ryan Stutzman will replace George Afremow, current vice president and chief financial officer, who will retire in June after 12 years with the association.

Car ADAS Announces Opening of New Calibration Center 

Car ADAS Solutions has announced the opening of a new calibration center named ADAS Solutions in Lansing, Mich.

Transtar Announces Agreement for Axalta to Acquire The CoverFlexx Group

Axalta Coating Systems has signed a definitive agreement to acquire Transtar Holding Company’s subsidiary The CoverFlexx Group.

SUNY Morrisville Named No. 1 MCAP School in Country

The school’s Mopar Career Automotive Program students were re-crowned champions in the first-ever Mopar Career Automotive Program Bracket Challenge.

Other Posts

Crash Champions Acquires Bavarian Body Works in Atlanta

The acquisition adds two high-quality collision repair centers located in Marietta and Atlanta, Ga.

Painters Supply and Equipment Acquires AeroCoat Source

AeroCoat distributes high-quality coatings and painting solutions, serving customers across the aviation and military sectors.

AASP/NJ to Host Industry Night

Four industry companies will present info on EVs, OSHA, ADAS calibrations and more.

Auto Color & Equipment Joins Wesco Group

Auto Color & Equipment has been servicing Missouri since 1987.