Canadian Finishing and Coatings Manufacturing

 

July 27, 2022

 

UniSelect2022To further expand its presence in Ontario, Uni-Select Inc. has entered into a definitive agreement to acquire Maslack Supply Limited, a family-owned and operated company that was founded in 1959 and has 13 locations across northern Ontario.

With over 200 employees, Maslack had over $52 million in revenue for its fiscal year ending January 31, 2022.

“We are very pleased to be announcing the acquisition of Maslack, the most significant acquisition for Uni-Select since we began our turnaround in Q2 of 2021. The transaction represents a meaningful growth avenue for the Canadian Automotive Group and is evidence of our ability to leverage our solid and improving balance sheet to make sizeable investments to grow our business,” mentioned Brian McManus, executive chair and chief executive officer, Uni-Select Inc.

“We are honored to carry on the legacy of the Maslack family and happy to expand our footprint in Ontario—Canada’s largest market for automotive aftermarket products. We look forward to welcoming Maslack’s employees to leverage our combined strengths and maintain our high standards and quality of operations,” added Emilie Gaudet, president and chief operating officer, Canadian Automotive Group.

Following the transaction, the companies stated that Maslack’s core management team will remain in place and will continue to lead operations.

Uni-Select plans to fund the transaction using amounts available under its credit facility and the transaction is expected to be immediately accretive to Uni-Select’s net earnings. The transaction is expected to close on or about August 2, 2022, subject to customary closing conditions. Uni-Select does not expect to make any further announcement regarding the transaction.

https://www.uniselect.com/

 

Feature Video: DeVilbiss TEKNA Gun Flexes on Muscle Car Show

CFCM TeknaGun 400

Carlisle Fluid Technologies’ DeVilbiss TEKNA spray gun was recently featured on an episode of Detroit Muscle on Power Nation TV to bring a 1973 AMC Javelin back to life. Featuring a high finish quality and operator ergonomics, The TEKNA gun’s high transfer efficiency provides materials savings for solvent or waterbase paints.

The spray gun technology, which has been used in automotive refinishing processes for many years, is designed to spray all types of materials and comes with high efficiency or HVLP air caps that produce large spray patterns with even material distribution.

 

Read More

Product News

  • Prev
The ROSS Vertical Blender is designed for reliable and gentle mixing of friable solids, abrasive ...
Paul N. Gardner USA, global distributors, producers, and designers of quality physical and ...
Evonik has launched a new sustainable dispersing additive, TEGO Dispers 658. The latest TEGO ...
The Heubach Group a global provider of comprehensive colour solutions, has expanded its Colanyl 500 ...
Clariant recently launched Dispersogen Flex 100 as its first universal polymeric dispersing agent ...
Carlisle Fluid Technologies’ DeVilbiss TEKNA spray gun was recently featured on an episode of ...
Gerdau Graphene recently announced that it has created a new water-based architectural paint that ...
People in Brazil have a new ally in the fight against an invasive carrier of dengue fever—a ...
Microban International has announced its participation in this year’s Foam Expo North America, ...
Lightweight materials are in high demand from automotive manufacturers to meet increasingly strict ...

New Digital Solution Helps Customers Bring Colours to Life

AkzoNobel 3D colour visualization tool
AkzoNobel Powder Coatings has developed a new web application 3D colour visualization tool within its Interpon webshop to help customers better understand how a powder coating’s colour, texture and finish that look good in theory, will actually appear in reality. 

The tool provides instant access to thousands of colours in the Interpon range. Using a 360-degree dynamic camera and simulated lighting, the customer is given a true-to-life image of how the colour performs to a degree of accuracy and realism not possible before in a virtual environment.  

Rather than the image being ‘flat’, the customer can orientate the ‘virtual’ panel to see how the light reflects and the colour looks from different angles.  
Read More

Wilkinson Media Limited

538 Elizabeth Street, Midland,Ontario, Canada L4R2A3 +1 705 527 7666
©2022 All rights reserved

Use of this Site constitutes acceptance of our Privacy Policy (effective 1.1.2016)
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Kerrwil.