SAPE Group has announced a significant expansion of its Queensland operations through the acquisition of Signature Refinish Supplies, a prominent automotive paint distributor that has serviced Brisbane and the Sunshine Coast since the company’s inception in the mid-1990s.
As part of the acquisition agreement, Signature’s Thorneside branch will merge with SAPE’s Brisbane branch in Archerfield while the Nerang location will merge with SAPE’s Gold Coast branch at Southport. The remaining branches at Brendale, Kunda Park, and Hervey Bay will operate as normal.
The acquisition will officially take effect on 1 August 2022, with orders, deliveries, and technical support to remain unaffected.
“We’re thrilled to have [Managing Director] Paul Mifsud and the team at Signature Refinish Supplies join the wider SAPE group of companies,” said Paul McMartin, Director of SAPE Group. “This has been a great outcome for all parties involved and we welcome the employees and management of Signature as they join SAPE.
“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 North side of Brisbane, through to the Gold Coast, Sunshine Coast and beyond.”
Mifsud said, “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.
“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.”
Signature Refinish Supplies is a leading distributor for Valspar Automotive and Industrial, DeBeer Refinish and DNA Custom Paints. “During its three-decade long association with key global manufacturers, the business has consistently delivered products, services, and training to the highest standard,” SAPE said.
“The acquisition expands SAPE’s industry-leading distribution model, comprised of a centralised head office and distribution centre, in addition to nine branch locations throughout Australia’s eastern seaboard. There are also affiliate and reseller channels in other parts of Australia and New Zealand.”