Uni-Select Sells Four Corporate Stores

Uni-Select Inc. has completed the sale of the assets of four corporate stores in the Alma, Lac St-Jean region in the province of Quebec.
The stores have been acquired by Robert Claveau and Jean-Franois Claveau who will sign a long-term supply agreement with Uni-Select.
“In the Canadian market, we prefer to focus our business on the distribution of parts and to leave the sale of parts to independent owners in local regions,” said Richard G. Roy, president and chief executive officer of Uni-Select Inc.
“Our merchant support program takes into account the purchase of stores when such action is required in order to maintain our market share.
“The transaction with the Claveau family highlights the second segment of our program: the sale of stores to competent and dynamic business owners,” he said.
In Canada, Uni-Select operates 13 warehouses, 33 corporate stores and 20 held in joint ventures with merchants.