By Tom Davis
Boucherville, Québec — December 19, 2017 — FinishMaster Canada has announced the acquisition of Manitoba-based Spectrum Coatings. The company hopes the deal will help expand its market share across the province.
“This is an entirley new market for FinishMaster Canada, and we are very enthusiastic to have 17 new colleagues,” Michel Charbonneau, Vice President of Sales and Marketing, PBE division, at FinishMaster’s parent company Uni-Select Canada, told Collision Repair magazine. “A large part of our business is the independent jobber, and they are a huge reason behind our success in Canada, but we are also looking to focus on increasing the FinishMaster portfolio of stores across the country.”
Founded in 1976, Spectrum is a distributor of automotive and industrial paint with 17 sales and service professionals. The company operates three stores in Winnipeg, Brandon and Winkler, as well as a training centre in Winnipeg.
Charbonneau commented: “Spectrum’s training centre will be a great boost for our customers in the province, and will give them further added value. We are thrilled with this acquisition and excited to add this experienced team to the Canadian FinishMaster family. They have developed and maintained strong partnerships with customers and are well-recognized in their markets.”
He added FinishMaster Canada would continue to look for futher expansion opportunity across provinces to increase their shop portfolio, although he did not allude to where the company would target next.
“We are extremely pleased to welcome Spectrum to our growing FinishMaster and Uni-Select family in Canada. These Manitoba stores are a very nice addition to our growing corporate store network in Canada, and represent an opportunities to expand the brand’s presence nationally and grow in a key market,” added Brent Windom, President and Chief Operating Officer of the Canadian Automotive Group, another subsidiary of Uni-Select.
More information can be found at spectrumcoatings.ca.
