April 18, 2016—FinishMaster Inc. announced Friday that it has completed the acquisition of Zitco Inc. doing business as Lowell’s PCE.
The acquisition broadens FinishMaster’s reach in the Minneapolis/St. Paul metropolitan area, where Lowell’s has been a key PBE distributor for more than 40 years from its shop in Edina, Minn.
“Our companies share a customer-centric focus and our commitment to excellence in service will strengthen as we join as one team. 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,” Steve Arndt, president and chief operating officer of FinishMaster, said.
“This acquisition is a great example of FinishMaster accelerating growth in a key market, which directly aligns with our profitable growth strategy,” Henry Buckley, president and CEO of Uni-Select, said.