U.S. News: AutoZone, Inc. Sells Heavy-Duty Division

AutoZone, the largest auto parts retailer in the U.S., has announced it has sold the business of TruckPro, its heavy-duty truck parts subsidiary.
The sale is to a group of investors led by Paratus Capital Management of Boston and New York.
“We made a decision to sell TruckPro earlier this year primarily to allow us to focus on our core business. They have a good team in place and everyone at AutoZone wishes them continued success,” said Steve Odland, chairman, president and CEO of AutoZone.