NPW Companies, a family-owned parts distributor with a national presence, has announced the acquisition of substantially all Oregon and Washington assets of leading parts distributor Auto Plus, which is owned and operated by Icahn Automotive Group. Per the agreement, NPW has acquired 13 Auto Plus and two Pep Boys retail stores in Oregon and Washington state.
NPW is an Auto Value and Bumper to Bumper shareholder owner of the Aftermarket Auto Parts Alliance Inc. The company will convert and rebrand the acquired Auto Plus and Pep Boys locations as Auto Value parts stores.
Icahn Automotive will continue to own and operate all of its service centers under the Pep Boys brand in Oregon and Washington state, and will focus on serving the growing demands of do-it-for-me (DIFM) customers and rapidly-growing fleets.
Aftermarket News 18.08.2020