FinishMaster Announces Acquisition of Two Branches of Automotive Refinish Technologies, Inc.
INDIANAPOLIS--Feb. 12, 2002--FinishMaster, Inc. has entered into an agreement to acquire two locations previously owned and operated by Automotive Refinish Technologies, Inc.The facilities are located in Charlotte, North Carolina, and Columbia, South Carolina.
"We're excited about our increased opportunities in these markets," stated Wes Dearbaugh, President. "This acquisition will enhance our presence in the Mid-Atlantic region."
"This acquisition represents yet another step to further strengthen our national distribution network across the U.S.," said Andre B. Lacy, Chairman and Chief Executive Officer.
FinishMaster is the leading national independent distributor of automotive paints, coatings, and related accessories to the automotive collision repair industry. FinishMaster is headquartered in Indianapolis, Indiana, and operates three major distribution centers with 159 branches in 25 of the 35 largest metropolitan areas in the country.
For more information on FinishMaster via the Internet, visit FinishMaster's website at http://www.finishmaster.com/ or Corporate News on the Net page at http://www.businesswire.com/companyspecific/.