This is Fenix Parts’ first acquisition in California and brings Fenix’s location count to 26 full-service and 5 self-service locations
Sun Valley, Calif.—Fenix Parent LLC, operating as Fenix Parts, a recycler and reseller of original equipment manufacturer automotive parts, has announced it has completed its acquisition of the assets of Green Auto Parts & Recycling in Sun Valley, California. The company also announced Edgar Akopyan will be joining Fenix Parts as the Director of Business Development, Southern California.
Green is a full-service automotive recycler servicing the Los Angeles market. This is Fenix Parts’ first acquisition in California and brings Fenix’s location count to 26 full-service and 5 self-service locations.
Bill Stevens, CEO of Fenix Parts, said, “We are pleased to announce the acquisition of Green and excited about the addition of its experienced and talented team to the Fenix family. This acquisition establishes Fenix’s footprint on the West Coast with a location strategically servicing the Los Angeles market. The L.A. market has one of the largest MSA’s and highest vehicles per household in the U.S. We expect to expand our West Coast geographic reach with additional acquisitions, increasing both full-service production capacity and customer delivery networks.”
Stevens added, “I want to give a special welcome to all of the Green professionals and am happy to have Edgar as part of the Fenix Parts’ team in Southern California. Edgar has deep, established commercial relationships and he will be leading our growth in this region.”
Comments are closed.