Parts Authority announced the acquisition of World Auto Parts, leading supplier of replacement parts with three stores in the Cleveland area for the last 36 years.
“The combination of Parts Authority and World Auto Parts gives us a strong presence in the marketplace and it expands our national and regional footprints,” says Randy Buller, CEO of Parts Authority. “For Parts Authority, World Auto Parts delivers professional team members, great customers and a successful building block to grow from.”
The three locations will immediately be integrated with Parts Authority’s computer system and the current staff of World Auto Parts will continue to run the operations under the direction of Parts Authority.
Parts Authority was founded in 1973 and headquartered in Long Island, N.Y. The company operates distribution centers in New York, New Jersey, Washington, D.C., Maryland, Georgia, Arizona, and California. The company carries more than 200,000 SKUs. Parts Authority focuses on distributing branded replacement parts to professional service dealers as well as fleet customers, new and used dealerships, jobbers, large chain repair or brake shops, tire installers, and other parts distributors. For more information, visit www.partsauthority.com
Subscribe to Aftermarket Business World and receive articles like this every month….absolutely free. Click here.