Uni-Select Announces Acquisition
Feb. 10, 2016—On Tuesday, Uni-Select Inc. announced that it has completed its acquisition of all the shares of Pièces d’autos M.A.G. Inc. (M.A.G.) and entered into an agreement to purchase substantially all of the assets of Jean Talon Auto Parts Ltd. and Center de de Pièces Gagnon.
The acquisitions were done through the company’s Canadian subsidiaries, and are subject to customary closing conditions and expected to close within 60 days.
“We are proud to add M.A.G. to the Uni-Select family in the Sherbrooke area and to have these long-time Uni-Select customers, Jean Talon Auto and Pièces Gagnon, continue to serve the Greater Montréal Area”, said Gary O’Connor, president and chief operating officer, Automotive Canada.
“We are very pleased to add these terrific businesses and teams to our network of corporate stores in the important urban Montreal and Sherbrooke markets”, said Henry Buckley, president and chief executive officer of Uni-Select.