FinishMaster Inc. Announces Acquisition
29 October 1999
FinishMaster Inc. Announces Acquisition
INDIANAPOLIS--Oct. 27, 1999--FinishMaster Inc. today announced it has acquired Auto Weld of New Jersey Inc.Through the acquisition, FinishMaster will add two strategic locations and solidify the company's market presence in New Jersey.
"The Auto Weld acquisition will help accelerate growth and improve operating efficiencies in this important region," said Wes Dearbaugh, president and chief operating officer. "We are very pleased to continue the implementation of our acquisition and growth strategy. During the current fiscal year, we have completed six acquisitions."
FinishMaster Inc. is the leading national distributor of automotive paints, coatings and related accessories to the automotive collision repair industry. The company is headquartered in Indianapolis, and operates three distribution centers and 153 sales outlets in 24 of the 35 largest metropolitan areas in the country.
For more information on the company via the Internet, visit the Corporate News on the Net page at http://www.businesswire.com/cnn/fmst.htm; or via fax, through the NewsOnDemand service, call 800/411-3989.