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LKQ Corporation Acquires Green Bean Battery


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    • By Counterman
      Fisher Auto Parts has acquired Allied Auto Parts, with 13 locations in Massachusetts and two locations in Rhode Island.
      “The primary rationale for selecting Fisher Auto Parts was the cultural fit of our two organizations. We operate in similar styles and share compatible philosophies,” said David Reid, SVP and COO of Fisher, and Michael Borr, president of Allied. “Colleagues who have been acquired by Fisher have spoken very highly of them, especially about their commitment to their employees. Fisher will help us compete with the larger players who continue to force out smaller players through economies of scale, purchasing power, vendor influence, technology and a skilled, specialized workforce.” 
      Borr will stay on following the acquisition to continue to help grow the business.
      Since 1955, Allied Auto Parts has supplied the highest-quality auto parts and paint products, along with professional service and competitive pricing, to automotive professionals and do-it-yourselfers. The company started out with stores in Dorchester and Norwood, Massachusetts, and has grown to 16 locations.
      With a motto of “Everything Automotive,” Allied Auto Parts and its parent company, Norwood Motor Parts, celebrated their 65th anniversary in 2020.
      The post Fisher Auto Parts Acquires Allied Auto Parts appeared first on Counterman Magazine.
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    • By Counterman
      Hahn Automotive Warehouse announced the closing of its acquisition of Carparts Distribution Center.
      Stan Lewis, president of Carparts, will continue with the company as general manager for the New England store group.
      Carparts has its main warehouse in Plaistow, New Hampshire, along with 20 jobber/retailer stores in New Hampshire, Massachusetts and Maine. 
      “We are excited to be expanding our footprint in the New England area with a family-owned business with similar values and business practices as Hahn,” said Daniel Chessin, co-president and CEO of Rochester, New York-based Hahn.
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      Lewis added: “We are extremely pleased to be joining Hahn as this combination provides significant opportunities for growth for our customers throughout the New England area.”
      The post Hahn Automotive Acquires Carparts Distribution Center appeared first on Counterman Magazine.
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      Arnott, a Merritt Island, Florida-based manufacturer of air-suspension products for passenger vehicles, announced that it has acquired JRi Shocks. 
      “The acquisition enables Arnott to expand its industry-leading air-suspension product portfolio within the SEMA performance market to reach additional customers including street cars, Jeep vehicles, trucks, motorcycles and UTVs,” Arnott said in a news release. “JRi Shocks will continue to serve its existing markets and customers, but now will be better-positioned to grow those markets even further while also expanding into new ones.”
      Customers should see no change in the day-to-day operations of the business, Arnott added.
      “Arnott has exceptional engineering capabilities and has a reputation for producing high-performance products,” said Joe Santangelo, CEO of Arnott. “AccuAir, added to the Arnott portfolio last year, provides the leading air-suspension management system on the market today. Bringing JRi Shocks into the fold enables Arnott to offer the best aftermarket replacement air suspension, the leading air-suspension management system as well as some of the best performance shocks in the world.”

      JRi Shocks is well-known for its shock-absorber technology, which has a history of championship performance in various forms of motorsports. Founded in 2007 by Jeff Ryan, the company was co-owned by Ryan, Det Cullum and NASCAR Hall of Fame crew chief and team owner Ray Evernham at the time of the acquisition. Ryan will stay on to continue managing all engineering activities for the company, while Cullum and Evernham will remain involved with the company in advisory roles.

      “The last few years we have focused on expanding our world class racing products, allowing more enthusiasts to experience JRi Shocks,” said Ryan, founder of JRi Shocks. “It was a natural progression of our expertise and now we will be able to take it even further under the Arnott umbrella.” 

      “After three years of owning JRi, we arrived at a point where our growth potential was being held back by the resources we had at hand. We needed a partner to take the company to the next level,” said Evernham. “Arnott’s enthusiasm for what JRi stands for and its track record of leading companies to extraordinary growth made Arnott the perfect fit to become that partner. I look forward to continuing to support the company’s growth.”
      For more information on Arnott’s extensive line of affordable, high-quality air-suspension products for more than 20 vehicle makes as well as motorcycle applications, visit www.arnottindustries.com.
      The post Arnott Acquires JRi Shocks appeared first on Counterman Magazine.
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