Done Deal: LKQ completes acquisition of Uni-Select
Boucherville, Quebec — LKQ Corporation has completed its acquisition of Uni-Select, the company announced Tuesday morning. Consideration for the purchased shares of Uni-Select has been remitted as depositary as part of the deal, and will be paid to former shareholders “as soon as reasonably practicable after the date hereof,” wrote LKQ in a press release. […]
Tuesday Ticker: Tesla Model Y dominates European car sales; U.K. watchdog investigates LKQ, Uni-Select deal
Toronto, Ontario — This week, Tesla marks a milestone with the Model Y while LKQ and Uni-Select reconvene to tackle concerns from the United Kingdom Competition and Market Authority. The Y in Europe The Tesla Model Y was Europe’s best-selling vehicle in the first half of 2023, according to numbers from DataForce. A total of […]
The Price of Doing Business: Uni-select reports net earnings increase of $16.7 million for Q1 2023 “mainly attributed to price increases”
Boucherville, Québec – Uni-select has released its Q1 results for 2023, announcing on Wednesday that the company has increased its net earnings by $16.7 million, which the company “mainly attributes to price increases.” “Uni-Select reported solid first-quarter results with all three business units achieving organic growth, mainly attributable to price increases. We are particularly pleased […]
LKQ to acquire Uni-Select for $2.1 billion
Boucherville, Quebec — LKQ Corporation and Uni-Select have entered a definitive agreement for LKQ to acquire all of Uni-Select’s issued and outstanding shares for $48.00 per share in cash, representing a total value of approximately $2.8 billion. Founded in Boucherville, Québec, Canada in 1968, Uni-Select is a leader in the distribution of automotive refinish and […]
Cash Count: Uni-Select reports Q4 2022, full-year financial results; FinishMaster growth driven by price increases
Boucherville, Quebec — Uni-Select reported both full-year and Q4 2022 financial results on Friday. For Q4 2022, consolidated sales for Uni-Select were $424.8 million, up $24.6 million or 6.2 percent from Q4 2021. The company’s FinishMaster U.S. segment reported sales of $173 million for Q4 2022, an increase of 3.4 percent, primarily driven by price increases. […]
Material Gains: Uni-Select reports Q2 2022 financial results; FinishMaster U.S. growth driven by price increases
Boucherville, Quebec — Uni-Select has reported its financial results for the second quarter ended June 30, 2022, marking 10.8 percent organic growth, the company said. Consolidated sales were $444.3 million, up $27.9 million or 6.7 percent from Q2 2021. The company’s FinishMaster U.S. arm reported sales of $186.5 million, with organic growth of 8.9 percent. […]
Tuesday Ticker: August 10, 2021
Toronto, Ontario — This week, Uni-Select reports its second-quarter financial results, Toyota Canada claims record-breaking July sales numbers and U.S. President Joe Biden says he plans for 50 percent of the nation’s new vehicle sales to be electric. Uni-Select says up, up and away Uni-Select reported its second-quarter financial results last week, reporting “strong market […]
Go for Gaudet: Emile Gaudet named president of Canadian Automotive Group
Boucherville, Quebec – Uni-Select has appointed Emile Gaudet to the position of President and Chief Operating Officer, Canadian Automotive Group, effective July 1, 2021. During her employment at Uni-Select, Gaudet has held various roles. She was Chief Financial Officer at FinishMaster, and recently, became the Vice President of Corporate Finance. Later, she stepped in as […]
Awarding the Aftermarket: Uni-Select celebrates Canadian supplier award winners
Boucherville, Quebec — Uni-Select Inc., has announced the winners of the annual Canadian Automotive Group Awards for its top Canadian supply partners. This award celebrates remarkable achievements, innovation, and outstanding service. The awards recipients were announced on the last day of its AUTOXPO event, held virtually for the first time ever this past weekend. “Their […]
Tuesday Ticker: Uni-Select shares updates on Canadian operations
Toronto, Ontario — May 6st, 2018 — In this week’s Tuesday Ticker, Earnings announcements, Uni-Select shares updates on its Canadian operations, AutoCanada disappoints, and much, much more. Publicly-traded companies continue to report first quarter earnings. This past week Uni-Select executives hosted a conference call to discuss the first quarter results. Overall, sales […]
