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Uni-Select Inc. has completed the acquisition of 100% of the shares of PA Topco Limited doing business as The Parts Alliance, the second largest nationwide independent distributor of automotive aftermarket parts in the United Kingdom, for £205.0 million.
Uni-Select acquired The Parts Alliance, a UK automotive aftermarket parts distributor, for approximately £205 million on a cash-free and debt-free basis. The transaction was fully funded with debt.