The SAPE Group has announced that it has acquired Auto Paint Supplies Canberra, located in the bustling retail hub of Fyshwick, ACT. The acquisition follows Auto Paint Supplies founders, Pat Blake and Glen Allardyce, announcing they would retire after 34 years in the business.
Pat and Glen started the company in 1987 and have steadfastly supplied a range of body finishing materials, crash repair equipment and tools to body shops throughout Canberra. But with time comes change. “We knew it was time to enjoy a more relaxed side of life and so we began the task of searching for a potential buyer. Our very first call was to Ray McMartin, CEO of SAPE, who was immediately interested in the idea of purchasing the business,” said Allardyce.
“We wanted the process to be transparent, timely and fair. We knew Ray was active in the market and had purchased a number of distribution businesses when it was time for the owners to retire. Everyone we spoke with agreed Ray was a man of integrity, and that the transactions had gone through per the agreed terms and conditions,” added Blake.
As some businesses find themselves in complex negotiations, this negotiation, on the other hand was simple and effective, with an agreement reached relatively quickly, negotiating on the total purchase price for the acquisition in a matter of minutes.
“We’re proud of this achievement, but we’re also aware that there is much more work to be done. The nation’s capital presents a great opportunity for SAPE to network, share our knowledge and to provide customers with exceptional service across all channels including supply, support and service. We’re all looking forward to the good things that are coming,” said Ray McMartin, CEO of SAPE.
SAPE’s acquisition brings a breath of fresh air to Canberra’s Collision Repair Industry. Since SAPE’s beginnings in 1976, it has forged strong relationships with leading global suppliers such as Celette, GYS, Spanesi, Weilander + Schill, IRT, Innovative, Carsystem as well as major local suppliers such as CAM, Devilbiss, Iwata and 3M. Those long-standing relationships allow SAPE to bring an exciting line up of new products and services to the industry.
SAPE has also invested heavily in infrastructure to facilitate best practice training & development. The SAPE Automotive Training Academy, located at Condell Park, NSW, is the most modern facility of its type, and is equipped with latest collision repair equipment, audio visual display, video conferencing and training streaming equipment. The Training Academy provides a simulated learning environment that allows course participants to perform work tasks in an air-conditioned, controlled and safe indoor environment.
SAPE is a leading Australian distributor for Glasurit and Baslac paints for BASF Australia and also supplies a vast array of collision repair equipment and consumables to vehicle repair facilities around Australia. SAPE has also recently expanded its operations in Queensland and moved into a new facility in Cameron Park, Newcastle.
Auto Paint Supplies will now operate under the trading name SAPE Canberra, and is located at 145/147 Gladstone St, Fyshwick ACT 2609 and is open 8:00am-5:00pm Monday through to Friday. To get in touch, please call (02) 6280 6848.