GPI To Supply Independent CARQUEST Auto Parts Stores


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Posted by Will (in IL) [98.215.27.52] on Thursday, December 27, 2012 at 23:49:46 :

In Reply to: Car Quest Auto parts posted by The Dodge Boys [64.121.152.7] on Thursday, December 27, 2012 at 23:19:23 :

GPI To Supply Independent CARQUEST Auto Parts Stores In BWP Northeast Territory.

The Raleigh-based parent company of CarQuest Auto Parts, General Parts International, is expanding its distribution channel deeper into the Northeast region after having assumed the rights to distribute to 92 more independently owned CarQuest stores.

General Parts is also assuming control of a distribution center in Armonk, N.Y., currently owned and operated by BWP Distributors Inc. of Armonk.

The deal is all part of a trade-off after BWP announced Dec. 19 that it is being acquired by competitor Advance Auto Parts Inc. (NYSE:APP) of Roanoke, Va., in an all-cash transaction.

Advance will be taking ownership of the 124 BWP company-owned stores in nine states, as well as BWP’s two other distribution centers in Massachusetts and in New Jersey. BWP was also distributing parts to 92 independently owned CarQuest Auto Parts stores in those states, which is where General Parts’ part of the deal comes in.

http://www.bizjournals.com/triangle/news/2012/12/20/carquest-owner-expands-northeast.html



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