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Motorcar Parts of America acquires OE Plus

Thursday, May 21, 2015 - 06:00
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Motorcar Parts of America (MPA) today announced it has completed the acquisition of OE Plus LTD., a privately held remanufacturer of alternators and starters based in North Dighton, Mass. Terms were not disclosed.

"This transaction continues our strategic focus on gaining market share in North America through synergistic opportunities that leverage the company's infrastructure, while enhancing customer relationships. OE Plus has strong brand recognition within the professional installer market and we look forward to growing the business," said Selwyn Joffe, chairman, president and chief executive officer of MPA.

MPA is a remanufacturer, manufacturer and distributor of automotive aftermarket parts, including alternators, starters, wheel hub assembly products and brake master cylinders utilized in imported and domestic passenger vehicles, light trucks and heavy duty applications. Its products are sold to automotive retail outlets and the professional repair market throughout the United States and Canada, with production facilities located in California, Mexico, Malaysia and China, and administrative offices located in California, Tennessee, Mexico, Singapore and Malaysia. Additional information is available at www.motorcarparts.com.


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