Kennesaw, GA –April 28, 2016
Auto Plus and Pep Boys President and Chief Executive Officer Brent Windom today announced the acquisition of Industrial Engine & Supply Inc., an automotive aftermarket parts stores operation located in the Pittsburgh, PA market.
“Industrial Engine & Supply Inc. is a welcome addition to our company,” said Windom. “We are committed to aggressive growth through acquisition and corporate store development, and a business such as Industrial Engine & Supply enhances our footprint in Pittsburgh – a key market for Auto Plus and Pep Boys.”
Industrial Engine & Supply Inc. opened its doors in 1972 and initially focused on industrial sales, and then gradually added automotive lines. Today, they are a full-line operation in the automotive aftermarket, serving local professional service centers and independently owned stores in western Pennsylvania.
MEDIA CONTACT:
Jo Bourjaily | 248.766.5765 | jbourjaily@dp-company.com
ABOUT AUTO PLUS
Auto Plus is a major U.S.-based distributor of automotive aftermarket parts. It is known for its investment in high-technology platforms for parts distribution and inventory control. The company continues to grow rapidly through its strategic acquisition plan. For more information, visit www.autoplusap.com.
ABOUT PEP BOYS
Since 1921, Pep Boys has been the nation’s leading automotive aftermarket chain. With over 7,500 service bays in over 800 locations in 35 states and Puerto Rico, Pep Boys offers name-brand tires; automotive maintenance and repair; parts and expert advice for the Do-It-Yourselfer; commercial auto parts delivery; and fleet maintenance and repair. Customers can find the nearest location by calling 1-800-PEP BOYS (1-800-737-2697) or by visiting www.pepboys.com.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, many of which are beyond our ability to control or predict. Forward-looking statements may be identified by words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “will” or words of similar meaning. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. We undertake no obligation to publicly update or review any forward-looking information, whether as a result of new information, future developments or otherwise.
