MEMA Acquires Stake In OptiCat

The Motor & Equipment Manufacturers Association (MEMA) announced that it has become a major shareholder in OptiCat LLC, the automotive aftermarket’s first supplier-owned electronic parts catalogue data aggregator. Automotive Aftermarket Suppliers Association (AASA), MEMA’s affiliate association that exclusively represents North American aftermarket parts manufacturers, will oversee MEMA’s ownership in OptiCat. MEMA joins U.S.-based MindQuest and Europe’s TecDoc Information Systems as OptiCat shareholders.