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APA Shareholder Factory Motor Parts Acquires B&I Auto Supply

Counterman

By Counterman
in Auto Parts News

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Automotive Parts Associates (APA) announced that Factory Motor Parts (FMP) acquired B&I Auto Supply in Pennsylvania and New Jersey.

This four-location acquisition expands FMP’s eastern footprint and grows its national presence to more than 150 locations in 22 states. B&I is a leading distributor of OE parts including ACDelco, Motorcraft, Mopar, Nissan and Mercedes brands.

“We are excited to bring B&I into the FMP family,” says Todd Heldt, FMP’s executive vice president. “Their strong understanding of the OE business makes them a great fit for FMP. We will continue to build the OE business while expanding their aftermarket offering into the independent service center and fleet side of the business.

Steve Tucker, president of Automotive Parts Associates, added: “Growth is good, and anytime we hear of our shareholders expanding, we’re thrilled, to say the least.”

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