Hahn decided to acquire Carparts based on Carparts’ performance as a well-managed company
Rochester, N.Y.—Hahn Automotive Warehouse, Inc., a Rochester, N.Y.-based corporation has announced the closing of the transaction to acquire the assets of Carparts Distribution Center, Inc., a Plaistow, N.H.-based company. Stan Lewis, Carparts’ president, will continue with the company as general manager for the New England store group.
Carparts is a warehouse distributor of aftermarket automotive parts with its main warehouse location in Plaistow, N.H., along with 20 jobber/retail stores located in New Hampshire, Massachusetts and Maine. Hahn and Carparts are both members of the Aftermarket Auto Parts Alliance, Inc., an international buying and marketing association. Hahn decided to acquire Carparts based on Carparts’ performance as a well-managed company with a commitment to growth and customer service in the New England market, according to a news release.
Daniel J. Chessin, co-president and CEO of Hahn, said, “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.”
Eli N. Futerman, co-president and CEO of Hahn, stated, “With the acquisition of Carparts, we are able to strengthen the Auto Value brand and expand our product offering to ensure that our customers are supplied with the parts they need.”
Carparts’ General Manager Stan 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.”
About Hahn Automotive Warehouse, Inc. Hahn is a distributor of automotive aftermarket parts through its 20 strategically located distribution centers to 60 company owned Advantage Auto Stores, Genuine Auto Parts and Speedway Auto Parts locations and to more than 2,000 independent jobbers, in the Midwest and along the Eastern Seaboard. Hahn also owns and operates its wholly owned subsidiary, Prime Automotive Parts Co., Inc., with its main warehouse in Glendale, N.Y., and 25 pick-up warehouses located in New York, New Jersey, Connecticut, and Rhode Island.