Painters Supply & Equipment acquires Indiana paint distributor
Nov. 26, 2012—Automotive refinish distributor Painters Supply & Equipment Co. (PSE) on Monday announced the acquisition of Potter Color and Supply, a paint distributor based in Cambridge City, Ind.
PSE, a single-line PPG distributor, said Potter Color and Supply has supplied its market with refinish and industrial coatings since 1985. PSE said Potter Color and Supply’s business philosophy, product offering and value-added customer programs are expected to fit well with its operating model.
“We’re pleased to welcome the Potter team to the PSE family,” said Patrick Mayette, president of PSE. “We’re excited to expand into the great state of Indiana.”
“PSE has a long history and solid reputation as one of the best automotive refinish and industrial paint distributors in the U.S.,” said Jim Potter, owner of Potter Color and Supply. “They will strengthen us to better serve our local market from a technology, product and customer service standpoint.”
With the acquisition, Taylor, Mich.-based PSE now operates 21 store locations throughout Michigan, Ohio and Indiana. Mayette said PSE plans to continue expanding through acquisition opportunities. As the industry continues to consolidate, acquisitions throughout the Midwest region of the U.S. will be a key element to the company’s growth initiatives.