Auto Plus finalizes acquisition of four Quality Automotive Warehouses
The announcement was issued from company headquarters in Kennesaw, Georgia.
The purchase includes three stores and one warehouse, serving as incremental growth for the company in both markets.
"The acquisition of these four locations are (sic) a strong extension of our existing Philadelphia and New Jersey area store and warehouse group," Windom said. "We are aggressively looking for acquisition opportunities like this that increase the density of our footprint."
Auto Plus is a leading U.S.-based distributor of automotive aftermarket parts. The firm has a reputation for investing in high-technology platforms for both distribution and inventory control. It promotes rapid growth utilizing a strategic plan involving regular acquisition activity.
"This announcement follows our most recent acquisition of East End Auto Parts in Hagerstown, Maryland," Windom said. "Our rapid growth plan targets key markets that bolster our position within the industry. We are well-positioned for this level of expansion."