National Bank Private Investment-backed Unimax completed the acquisition of Distribution Stox.

National Bank Private Investment-backed Unimax, an automotive tire distribution and manager of various banners, completed the acquisition of Distribution Stox, a last-mile distribution company and a key distributor for Unimax. Financial terms were not disclosed. “Thanks to the commitment of its 450 employees, independent retailers, and some 60 shareholders, Unimax has achieved sustained business growth year after year. I am pleased to have been leading the Unimax team since March and continuing the work started by my predecessor Bruno Leclair and the strong team that has brought us to where we are today. Bruno and I will continue to work together until his retirement on May 31 of this year. The support of a partner like National Bank Private Investment will enable us to capitalize on growth opportunities throughout Canada,” Jean Novak, Unimax President and CEO.