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Uni-Select Inc. announced that, effective June 1, 2020, Uni-Select Canada Inc. has joined the Aftermarket Auto Parts Alliance, Inc. (the “Alliance”), the premier global network of independent automotive warehouse distributors, thus forming the largest Canadian group in this sector.
Uni-Select Inc. is a leader in the distribution of automotive refinish and industrial coatings and related products in North America, as well as a leader in the automotive aftermarket parts business in Canada and in the U.K.
“We are glad to join the Alliance as we are both driven by entrepreneurial spirit and have a strong commitment to the aftermarket,” said Brent Windom, president and CEO of Uni-Select. “This association will enable Uni-Select to accelerate our technological development while reducing development time to deliver world-class data management metrics across our customer spectrum. While both organizations and their respective brands will remain fully independent, we expect that our collaboration will drive increased brand recognition for Bumper to Bumper in North America and will maximize the impact of our newly launched Bumper to Bumper Auto Service program.”
Added John R. Washbish, president and CEO of the Alliance, “Uni-Select is an outstanding company led by some fine people, some of whom I have known for decades. They have an extensive footprint and an even more impressive reputation, and we are delighted to welcome them to the Alliance. We are confident this relationship will be mutually beneficial, and we look forward to working together and supporting our channel partners.”
By Auto News
RALEIGH, N.C. & HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--Dec. 23, 2019-- Advance Auto Parts, Inc. (NYSE: AAP) has acquired the DieHard brand from Transform Holdco LLC (“Transformco”), for $200 million utilizing cash on hand.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191223005397/en/
(Photo: Business Wire)
This asset acquisition will give Advance the right to sell DieHard batteries, the most trusted brand in the automotive battery category, and enables Advance to extend the DieHard brand into other automotive and vehicular categories. In addition, the deal allows Transformco to sell DieHard brand batteries through its existing channels pursuant to a supply agreement with Advance. Advance is also granting Transformco an exclusive royalty-free, perpetual license to develop, market, and sell DieHard branded products in non-automotive categories.
“We are excited to acquire global ownership of an iconic American brand. DieHard will help differentiate Advance, drive increased DIY customer traffic and build a unique value proposition for our Professional customers and Independent Carquest partners. DieHard has the highest brand awareness and regard of any automotive battery brand in North America and will enable Advance to build a leadership position within the critical battery category,” said Tom Greco, president and CEO, Advance Auto Parts. “DieHard stands for durability and reliability and we will strengthen and leverage the brand in other battery categories, such as marine and recreational vehicles. We also see opportunities to extend DieHard in other automotive categories. We remain committed to providing our customers with high-quality products and excellent service. The addition of DieHard to our industry leading assortment of national brands, OE parts and owned brands will enable us to differentiate Advance and drive significant long-term shareholder value.”
“DieHard is among the most successful and one of the most widely trusted brands in the auto industry, and we have long believed that the brand has even more potential,” said Peter Boutros, President of Transformco’s Kenmore, Craftsman and DieHard business unit. “DieHard revolutionized the automotive battery category when it launched in 1967, and has continued to be a leader in the category. Advance Auto Parts’ acquisition of this iconic American brand will complement our plans to introduce new DieHard products in non-automotive categories such as sporting goods, lawn and garden, authentic work wear and other exciting new categories.”
About Advance Auto Parts
Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of October 5, 2019, Advance operated 4,891 stores and 152 Worldpac branches in the United States, Canada, Puerto Rico and the U.S. Virgin Islands. The Company also serves 1,260 independently owned Carquest branded stores across these locations in addition to Mexico, the Bahamas, Turks and Caicos and British Virgin Islands. Additional information about Advance, including employment opportunities, customer services, and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com.
Transform Holdco LLC is a leading integrated retailer focused on seamlessly connecting the digital and physical shopping experiences to serve its members – wherever, whenever and however they want to shop. Transformco is home to Shop Your Way®, a social shopping platform offering members rewards for shopping at Sears, Kmart and other retail partners. Transformco operates through its subsidiaries with full-line and specialty retail stores across the United States.
Certain statements in this report are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. Forward-looking statements address future events or developments, and typically use words such as “believe,” “anticipate,” “expect,” “intend,” “plan,” “forecast,” “guidance,” “outlook” or “estimate” or similar expressions. These forward-looking statements include, but are not limited to, statements related to the benefits or other effects of the acquisition, statements regarding expected growth and future performance of the Company, and all other statements that are not statements of historical facts. These statements are based upon assessments and assumptions of management in light of historical results and trends, current conditions and potential future developments that often involve judgment, estimates, assumptions and projections. Forward-looking statements reflect current views about the Company's plans, strategies and prospects, which are based on information currently available as of the date of this release. Except as required by law, the Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. Please refer to the risk factors discussed in "Item 1a. Risk Factors" in the Company's most recent Annual Report on Form 10-K, as updated by its Quarterly Reports on Form 10-Q and other filings made by the Company with the Securities and Exchange Commission, for additional factors that could materially affect the Company’s actual results. Forward-looking statements are subject to risks and uncertainties, many of which are outside its control, which could cause actual results to differ materially from these statements. Therefore, you should not place undue reliance on those statements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20191223005397/en/
Source: Advance Auto Parts, Inc.
Advance Auto Parts:
T: (984) 389-7207
E: [email protected]
T: (919) 227-5466
E: [email protected]
T: (847) 286-9036
E: [email protected]
Fix Your Ride, Protect the Environment with APW Rewards: Double Points for Every Purchase for 4 Days OnlyBy Auto News
Cars are some of the biggest sources of pollution in the environment, and it doesn’t help if your daily driver is in bad shape because it’s very likely producing even more pollutants than well-maintained vehicles. Earth Day helps bring awareness to the need for protecting the environment, and you can do your small part to protect it by fixing your ride. The great news is that APW Rewards, Auto Parts Warehouse’s loyalty program, can help you do so with its 4-day Earth Day promo exclusive to APW Rewards members from April 23 – 26.
Simply by signing up for a free APW Rewards account, you will automatically get free 100 points during the promo period. The perks don’t end there, however, because on top of these signup points, every purchase you make on Auto Parts Warehouse during the promo will give you double points. What does this mean? It means, for example, that a $100 order will give you 200 points instead of the usual 100. With 200 points in your APW Rewards account, you can immediately redeem a $10 off $20 coupon that you can use on your very next purchase, guaranteeing you savings that you can’t get anywhere else!
If you’re looking for the best value for your money, APW Rewards is a loyalty program that gives you multiple ways to save when you shop for car parts and accessories. As mentioned, you will get points equivalent to the dollar value of your order the moment you join this exclusive club. These points are redeemable for coupons that could get you up to $100 off on your next order along with special access to promos and benefits that are not available to other customers.
Finally, once you’ve had $300 worth of purchases, you will unlock Premier Tier, which will give you double points for the rest of your APW Rewards membership. As long as you remain active by making a purchase, your account will not expire and you can continue to earn points and redeem auto parts store coupons whenever you need. This is the best time to get your ride in tip-top shape and contribute to making the environment healthier and safer for you and other people. When you’re ready to sign up for free, just go to https://bit.ly/2ZxFquQ and seize this 4-day promo while it lasts.
The post Fix Your Ride, Protect the Environment with APW Rewards: Double Points for Every Purchase for 4 Days Only appeared first on The Auto Parts Warehouse Blog.
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