FinishMaster acquires Annex Group

April 5, 2016
FinishMaster completed the acquisition of substantially all of the operating assets of Annex Group Inc. and related entities, significantly expanding FinishMaster’s footprint in the state of Washington and across three major metropolitan markets in California.

FinishMaster Inc., a leading distributor of paint and related products in the United States and subsidiary of Uni-Select Inc., announced April 4 it has completed the acquisition of substantially all of the operating assets of Annex Group Inc. and related entities. This acquisition significantly expands FinishMaster’s footprint in the state of Washington and across three major metropolitan markets in California.

Founded in 1983 with the simple philosophy to win as a team, Annex specializes in the automotive, commercial fleet, marine, architectural and the industrial segments. Offering a comprehensive set of tools including business development, regulatory assistance, and technical support, the Annex team provides service and support across nine locations in the Seattle, Everett and Tacoma markets in the state of Washington and the Los Angeles/Orange County, San Diego, and San Francisco, Calif., metropolitan markets.

“Annex’s promise to be the leader in creating value and commitment to exceptional customer support is a perfect match with FinishMaster’s vision and core values. We are happy to welcome more than 80 team members to our FinishMaster family. Both of our companies have a long history of excellence in customer support and this commitment will strengthen as we join as one team,” stated Steve Arndt, President and Chief Operating Officer of FinishMaster.

“This acquisition aligns with our strategy to build density in key markets and in industrial segments,” added Henry Buckley, President and Chief Executive Officer of Uni-Select.

Subscribe to Aftermarket Business World and receive articles like this every month….absolutely free. Click here.

Voice Your Opinion!

To join the conversation, and become an exclusive member of Vehicle Service Pros, create an account today!