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Company Interview Excerpt
JACQUES LANDREVILLE - UNI-SELECT INC (UNS:TSX)
Full article published: 8/7/2006    


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TWST: What is Uni-Select?
Mr. Landreville: Uni-Select is a distributor of automotive parts that deals with the aftermarket. The aftermarket is basically the life cycle of a vehicle that goes beyond the warranty period. Our network consists of close to 40 distribution centers located throughout North America; 14 are located in Canada and the rest are in the US. We service a network of jobbers and, in turn, these jobbers sell their parts to the corner garages. So as a whole, Uni-Select is a North American organization, dealing with three business units: Automotive Canada, Automotive USA, and a little heavy-duty division called Palmar. Altogether, in fiscal 2005, we did about C$1.1 billion in sales in North America, and we had about $39 million of profit. That's basically who we are. Our head office is located in Boucherville, Quebec, and we have about 50 people working there. The rest of our employees are basically operational people at the business unit to service the independent jobbers. In our network, we have around 360,000 stock keeping units to maintain and repair the North American fleet, be it for consumers or be it for the heavy duty and commercial business.

TWST: I believe that you made a very large acquisition about two years ago that substantially enhanced your business.
Mr. Landreville: That is correct. We acquired a company called MAWDI on November 1, 2004, which permitted us to become number eight in the US. Since then, we have pursued our consolidation and tried to increase our footprint in the US. We're the number two in Canada and number eight in the US.

Tickers included in this excerpt: UNS:TSX


For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.

 

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