FinishMaster Acquires ColorMaster Automotive Paint
Dec. 28, 2015—FinishMaster Inc. announced on Monday that it has entered into an agreement to purchase ColorMaster Automotive Paint Inc.
Through this deal, FinishMaster, a distributor and U.S. subsidiary of Uni-Select Inc., will grow its footprint in Illinois, Missouri, and Texas, and also expand into Louisiana for the first time.
ColorMaster had 15 locations, and the acquisition will give FinishMaster substantially all of the company's assets.
The deal is expected to close within 30 days.