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Mergers and Acquisitions

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Dana to acquire portion of Modine’s thermal business
November 3, 2020 by Allan Janssen

Dana Incorporated has signed a definitive agreement to purchase a portion of the thermal-management business of Modine Manufacturing Company’s automotive segment. The transaction strengthens Dana’s Power Technologies business unit. The agreed purchase price was $1 with the assumption of certain…

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BorgWarner completes acquisition of Delphi Technologies
October 5, 2020 by Allan Janssen

BorgWarner Inc. has completed its acquisition of Delphi Technologies – a move that is expected to strengthen BorgWarner’s electronics and power electronics products, capabilities, and scale. The announcement follows approval by Delphi Technologies’ shareholders, receipt of required regulatory approvals, the…

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SEMA Data Co-op acquires PartsHub
September 18, 2020 by Allan Janssen

An industry-owned co-op dedicated to moving products through the use of standardized catalogue data has purchased the PartsHub catalogue management solution. The SEMA Data Co-op (SDC) says the acquisition will allow it to expand its data services and provide its members with…

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NPW acquires Auto Plus and Pep Boys locations in Oregon and Washington
September 4, 2020 by Allan Janssen

NPW Companies, a family-owned parts distributor with a national presence in the U.S., has acquired substantially all Oregon and Washington assets of parts distributor Auto Plus, which is owned and operated by Icahn Automotive Group. Per the agreement, NPW has…

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Parts Warehouse finalizes merger with Tri-States
August 28, 2020 by Allan Janssen

Little Rock, Ark.-based Replacement Parts, Inc., which goes to market as Parts Warehouse, Inc. (PWI) and Crow-Burlingame, has completed its merger with Marianna, Fla.-based Tri-States Automotive Warehouse. The two companies originally announced plans to merge in May. Tri-States, previously led…

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First Brands Group acquires Raybestos and LuberFiner brands
July 31, 2020 by Allan Janssen

First Brands Group, the global automotive parts manufacturer formerly known as Trico Group, has acquired Brake Parts Inc., which manufactures and markets brake products including the full line of Raybestos brake parts. It has also acquired Champion Laboratories Inc., a…

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Distributors Warehouse Inc. to join Parts Warehouse
July 29, 2020 by Allan Janssen

Two members of the Aftermarket Auto Parts Alliance — Little Rock, Ark.-based Replacement Parts, Inc., and Distributors Warehouse, Inc. (DWI), headquartered in Paducah, Ky. — have announced plans to merge. Upon completion of the merger this fall, DWI will join…

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GPC divests itself of business products company
July 3, 2020 by Allan Janssen

Genuine Parts Company (GPC) has completed the sale of S.P. Richards Company, a business products wholesaler that distributes more than 98,000 products to 9,000 resellers and distributors throughout the United States from a network of 44 locations. S.P. Richards’ core U.S.…

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BBB Industries acquires Spanish company
June 4, 2020 by Allan Janssen

Alabama-based BBB Industries has acquired the equity interests of Grupo Metalcaucho, a leading European aftermarket supplier in the rubber and metal product segment. Metalcaucho has a catalogue including over 22,000 SKUs and sales in more than 64 countries. “Metalcaucho’s expertise…

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Uni-Select Canada joins the Aftermarket Auto Parts Alliance
June 2, 2020 by Allan Janssen

Uni-Select Inc. announced today that, effective June 1st 2020, Uni-Select Canada Inc. has joined the Aftermarket Auto Parts Alliance, a global network of independent automotive warehouse distributors, forming the largest Canadian group in this sector. “We are glad to join…

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PWI, Tri-States announce merger
May 19, 2020 by Allan Janssen

Parts Warehouse, Inc. (PWI), based in Little Rock, Ark., and Tri-States Automotive Warehouse, headquartered in Marianna, Fla., have announced intentions to merge their two multi-generational family-owned businesses. Tri-States will become a part of Parts Warehouse when the anticipated merger is…

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Continental strengthens North American automotive import channel
May 1, 2020 by Allan Janssen

On the heels of its recent acquisition of CRP Industries’ Continental-related belt and kit program, Continental’s North American automotive aftermarket business has now the capability to provide a full complement of belt, kit and hose products and services to all…