The SAPE Group today announced the massive expansion of its Queensland operations through the acquisition of Signature Refinish Supplies, a prominent automotive paint distributor that has been servicing Brisbane and the Sunshine Coast since the company’s inception in the mid-1990’s.
Signature Refinish Supplies is a leading distributor of Valspar Automotive and Industrial Products, DeBeer Refinish Products and DNA Custom Paints. During its three-decade long association with key global manufacturers, Signature Refinish Supplies has consistently delivered products, services and training to the highest standard.
The acquisition of Signature Refinish Supplies further expands SAPEs industry-leading distribution model comprised of a centralised head office and distribution centre in addition to nine branch locations throughout Australia’s eastern seaboard, as well as through affiliate and reseller channels in other parts of Australia and even into New Zealand.
Commenting on the acquisition, Mr. Paul McMartin, director of the SAPE Group said,
“We’re thrilled to have Paul Mifsud and the team at Signature Refinish Supplies join the wider SAPE group of companies. This has been a great outcome for all parties involved and we welcome the employees and management of Signature as they join SAPE.”
Adding to his comments, Mr. McMartin, said, “Our expansion in Queensland is the next logical step in our Australian business, as it allows us to provide a stronger focus and more personalised service for our customers in that market. Our distribution network now extends from the South and Northside of Brisbane, through to the Gold Coast, Sunshine Coast and beyond.”
As part of the acquisition agreement, there will be a merging of branches, with Signature’s Thorneside location joining SAPE’s Brisbane Branch at 1/11 Woomera Place, Archerfield, while Signature’s Nerang location will join SAPE’s Gold Coast Branch at 3/116 Minnie Street, Southport. The remaining branch locations at Brendale, Kunda Park and Hervey Bay will operate as normal.
“We are excited for our future with SAPE and thankful we’ve teamed up with such a strong partner for the future of not only our employees and customers, but for the wider Collision Repair Industry.” said Mr. Paul Mifsud, managing director, Signature Refinish Supplies.
Adding to his comments, Mr. Mifsud said, “This transaction was smooth from start to finish. Ray, Warren and Paul, the management team and staff at SAPE have been very forthcoming and cooperative, all of which are indicative traits of exciting things ahead for the Queensland Collision Repair Industry. As they say in the classics: watch this space!”
The acquisition will officially take effect on August 1, 2022, with orders, deliveries and technical support to remain unaffected and continue as normal.