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Arnott Acquires JRi Shocks
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By Counterman
Fisher Auto Parts has acquired longtime Federated Auto Parts member Berrodin Parts Warehouse, the company announced.
“We are very excited that Berrodin Parts Warehouse has joined the Fisher family,” said Herb Godschalk, president of Fisher Auto Parts. “The Berrodin family has done an incredible job growing their business from one small store in the Philadelphia area to nine warehouses covering the mid-Atlantic states. We plan to build on their great success and continue the goodwill they have developed with their broad customer base.”
With headquarters in Drexel Hill, Pennsylvania,
link hidden, please login to view employs more than 400 people and has nine warehouse locations throughout Southeastern Pennsylvania and Northern Delaware. The family-owned business was founded in 1905 during the infancy of the automotive aftermarket. Today, Berrodin Parts Warehouse is a full-line distributor of major, name-brand aftermarket auto parts, providing OEM-quality and express delivery as well as training, marketing and signage programs for its independent installer customers.
As part of the transition, John Berrodin will stay on and lead as regional manager for Fisher Auto Parts, while Jim Berrodin will serve as a store support manager and Lou Berrodin as operations manager. Frank Berrodin Jr. will return to retirement at the conclusion of the acquisition.
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By Mike James
5th Gen Toyota 4runner KING Shocks 0-3 Inch Lift In Stock. Asking Price_$1600. Contact; +1(405)283-2648
Buy auto car spareparts.
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By Counterman
Arnold Motor Supply and Barron Motor Supply announced that the companies have merged.
Established in 1930 by William J. Barron Sr., Barron Motor Supply is a multi-generational company with a network of 12 Eastern Iowa locations. The Cedar Rapids, Iowa-based company is currently under the management of third-generation leader John Barron.
“Our 94-year family history in the automotive aftermarket is a testament to the great employees and customers we’ve had the privilege of working with,” said John Barron, president of Barron Motor Supply. “We could not have picked a more similar company and better people to pass the legacy to, to respect our history, employees and customers. We wish them only the best and know they will serve our customers with the same respect and connection we’ve known through all these years.”
Arnold Motor Supply, founded in 1927 by E.P. Arnold, grew from one location in Spencer, Iowa, to nearly 70 across five states in the Midwest.
“Companies that last a century are rare, so the opportunity for two of them to join forces is a special opportunity,” said Eric Johnson, president of Arnold Motor Supply. “From the first conversation we had with John Barron we were both impressed at the similarities between two Iowa companies founded within three years of each other nearly a century ago who go about doing business the right way, by prioritizing the customer. By combining our strengths and resources we will be able to provide excellent opportunities for team members and expanded services for the Eastern Iowa market.”
Arnold Motor Supply is one of the nation’s premier suppliers of replacement parts, accessories and supplies for virtually all makes of automobiles, light- and heavy-duty trucks, marine, off-road and agricultural equipment. Arnold Motor Supply also distributes high-quality tools, shop equipment, paint and body supplies and collision parts.
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By Counterman
DealerShop Inc. and Resilience Capital Partners, a Cleveland-based private-equity firm, announced today that it has acquired Jobbers Automotive.
Jobbers Automotive is a full-service supplier of automotive paint, janitorial supplies, body shop equipment, bulk oil and WeatherTech products serving automotive dealerships and collision centers in Ohio.
The acquisition will expand DealerShop’s national footprint and product offering for franchised new-vehicle dealerships and independent service centers in North America.
“Jobbers Automotive has a long-standing reputation for providing exceptional service and high-quality products to the Ohio market for over 70 years,” said Bill Gryzenia, president and CEO of DealerShop. “We are delighted to have the talented and experienced Jobbers Automotive team join the DealerShop family of companies. The acquisition will enable us to provide our customers with a broader range of products and services and leverage the synergies from the consolidated footprint to drive growth and enhance value.”
DealerShop is a part of Leader Auto Resources family of companies, the largest sourcing partner for franchised new-vehicle dealerships in North America.
“I am thrilled that Jobbers Automotive is joining forces with DealerShop to provide even greater value to our customers and opportunities for our employees,” Jobbers Automotive CEO John Gemperline said. “This acquisition marks a new chapter in our company’s growth, and I am excited to see what we can achieve together as a team.”
“We are all very excited about this next chapter of growth for DealerShop,” said Bassem Mansour, CEO of Resilience Capital Partners. “Strategic geographic expansion has been one of our key priorities and we look forward to continuing our robust growth trajectory.”
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By Counterman
Effective June 12, select Auto Plus locations became Factory Motor Parts (FMP) stores, FMP announced on its website.
The sale comes after Auto Plus won bankruptcy-court approval to sell most of its locations to FMP after the company disqualified a different bid under suspicion of impropriety,
link hidden, please login to view Earlier this year, Icahn Enterprises announced that Auto Plus was filing for Chapter 11 bankruptcy protection. In a news release, Icahn Enterprises (IEP) blamed ”lessened demand, supply chain disruptions, an inflationary environment and the effects of COVID-19” on the parts distributor’s struggles.”
“Since acquiring Auto Plus, IEP has invested significantly in transformation and restructuring initiatives and has loaned significant amounts to Auto Plus but has obviously been disappointed in the results of these investments and the continued losses that Auto Plus has experienced,” the company said in January. “As a result, IEP has determined that it would no longer be prudent to continue to loan money to Auto Plus at this juncture unless done in connection with a restructuring process.”
FMP’s new locations will have inventories for all makes and all models combined with aftermarket brands as a result of the transaction, according to Factory Motor Parts.
Founded in 1945 as Elliott Auto Supply Co., FMP has grown from a small, single location in Minneapolis to more than 300 locations in 19 states. The name was acquired from its participation in the former Chrysler Mopar Distribution network of the 1960s.
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