Jump to content

  • Welcome to Auto Parts Forum

    Whether you are a veteran automotive parts guru or just someone looking for some quick auto parts advice, register today and start a new topic in our forum. Registration is free and you can even sign up with social network platforms such as Facebook, X, and LinkedIn. 

     

Vast-Auto Acquires Canadian Auto Parts Suppliers

Counterman

By Counterman
in Auto Parts News

 Share

Recommended Posts

Counterman Contributor

Counterman

Posted
Posted

Vast-Auto Distribution, a subsidiary of Groupe Del Vasto, has entered into a definitive agreement to acquire substantially all of the assets of Canadian Auto Parts Suppliers (C.A.P.S.).

The parties expect the transaction to close on Nov. 30, subject to customary closing conditions. 

link hidden, please login to view
is a well-established distributor of automotive parts in Eastern Canada, and a shareholder of the Aftermarket Auto Parts Alliance.

Over the course of its 22 years, Canadian Auto Parts Suppliers has established itself as a dominant parts wholesaler and retailer in Canada’s capital city of Ottawa. Founded in 1999 by Charles “Chuck” Berthiaume, C.A.P.S. has been committed to servicing both professional installers and do-it-yourself customers through a wide product assortment and an exceptionally qualified staff of auto parts specialists. 

“I am delighted to have chosen to sell my business to Vast-Auto Distribution, which has clearly established itself as a leading Canadian distributor within the automotive aftermarket,” Berthiaume said. “With a view to the sustainability of the business, and after working in the automotive sector for most of my career, the decision to sell was not easy to take, but today, I know that this choice is the best for the future of C.A.P.S. and our loyal customers and employees.”

The completion of this transaction plays a pivotal role for Vast-Auto Distribution in its continued market share expansion strategy in Eastern Canada. 

“We are thrilled to welcome C.A.P.S. and all 60 of its team members and its entire customer base to Groupe Del Vasto,” said Mauro Cifelli, president and CEO of Groupe Del Vasto. “We are confident that our culture and our commitment to taking care of our customers and employees, will fit hand in glove with Canadian Auto Parts Suppliers longtime way of doing business. Moreover, we are extremely pleased to announce that Ghazi Mankal, a seasoned aftermarket business professional who has been with C.A.P.S. since the early beginning, will continue in his role as general manager and business associate, which will allow for a smooth transition.”

This transaction will position C.A.P.S. to enhance its services and operational effectiveness through access to Vast-Auto’s robust supply chain, including its Ottawa distribution center, and leverage of its technology platforms. 

The post

link hidden, please login to view
appeared first on
link hidden, please login to view
.

link hidden, please login to view

Sell your car with CarBrain

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share
Go to topic listing

  • Similar Topics

    • Counterman
      Federated Auto Parts Celebrates 40th Anniversary
      By Counterman
      Federated Auto Parts, established in 1985, is celebrating its 40th anniversary in 2025. The company was founded by the late Art Fisher. Fisher Auto Parts and Westwood Auto Parts became the first two Federated members. Three additional WDs became members throughout 1985—Automotive Jobbers Supply in April, and Warehouse Inc. and Auto Distributor in December. Today, Federated has more than 80 members located throughout the United States, Canada, the Bahamas and Mexico.
      “The success of Federated over the past 40 years is largely due to the unwavering support and dedication of our members. Federated would not exist without them,” said Sue Godschalk, CEO of
      link hidden, please login to view. “Although we will be celebrating our past throughout the coming year, we will also be looking to the future. Federated will continue to evolve and grow, embracing innovation, expanding and reinforcing partnerships, and providing exceptional value to our members and customers. The next 40 years look very bright.” A yearlong celebration will include special programs, promotions and events for
      link hidden, please login to view members, customers, suppliers and other stakeholders. In recognition of the anniversary, Federated has created a special logo to commemorate the 40-year milestone. The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
    • Counterman
      MEMA Aftermarket Suppliers Announces Virtual Advocacy Town Hall
      By Counterman
      MEMA Aftermarket Suppliers announced it will host a virtual Advocacy Town Hall on January 30 @ 11 a.m. ET, where its Advocacy team will share the latest on policy and legislative efforts that impact the aftermarket, including Right to Repair, tariff developments and supply chain challenges.

      link hidden, please login to view for the chance to stay informed and engage with MEMA’s advocacy work on the issues that matter most to our industry, the organization encouraged. The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
    • TachMaker
      Enhance Your Ride with Functional and Super-handy Auto Parts
      By TachMaker
      Upgrade your vehicle with link hidden, please login to view designed to enhance convenience and performance. From practical add-ons to innovative accessories, these auto parts are tailored to meet the needs of modern drivers. Improve functionality, ensure ease of use, and enjoy a seamless driving experience with thoughtfully crafted components that prioritize both utility and style. Whether it’s for better organization, improved safety, or enhanced aesthetics, these details make every drive smoother and more enjoyable..
      link hidden, please login to view
    • Counterman
      Fisher Auto Parts Acquires P&A Auto Parts
      By Counterman
      Fisher Auto Parts has acquired New Jersey-based P&A Auto Parts and its eight locations. Geoffrey Shifflett, area vice president of Fisher Auto Parts, made the announcement. Headquartered in Saddle Brook, New Jersey, P&A Auto Parts has served the northeastern New Jersey market since 1982.
      According to a news release announcing the acquisition, key employees Joe Cupoli and Bill Freedman purchased the company in 2003. Both will stay on to run the business following the acquisition, while Freedman will serve as regional manager.
      “As a privately held business that is well established in its community, P&A Auto Parts is an excellent addition to the
      link hidden, please login to view footprint,” said Shifflett. “We are very pleased that Joe and Bill will stay on to run the business and help us grow market share in this region. We look forward to working with them and the entire P&A Auto Parts team to provide our valued customers with name brand quality parts and exceptional service.” 
      link hidden, please login to viewsaid that P&A Auto Parts focuses on the professional commercial market, while maintaining a steady retail and do-it-yourself customer base.
      The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
    • Advance Auto Parts
      Advance Auto Parts Appoints Shweta Bhatia as Chief Technology Officer
      By Advance Auto Parts
      RALEIGH, N.C.--(BUSINESS WIRE)-- Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself customers, today announced that it has appointed Shweta Bhatia as executive vice president and chief technology officer, effective immediately.
      “Shweta’s history of successfully executing transformational programs that focus on speed, efficiency, and providing quality solutions to customers will greatly contribute to the execution of our three-year financial plan,” Shane O’Kelly, president and chief executive officer. “We welcome Shweta to our leadership team that is passionate about carrying out our decisive actions which will set up Advance for future growth and value creation.”
      Ms. Bhatia brings more than 20 years of retail, technology, and operational experience to Advance. Most recently, Ms. Bhatia served as senior vice president of technology at Dollar General where she led a multi-year, end-to-end technology transformation and modernization to enhance the company’s operational efficiency. Ms. Bhatia also served as the vice president of technology at both Walmart International, where she led the company’s core retail technology portfolio, and Kohl’s Corporation, where she managed the strategy and implementation of solutions across multiple channels. Her passion for modern technology transformation began as an entrepreneur, creating the tech startup, Wisdom Info Tech, an award-winning technology firm.
      Ms. Bhatia received her MBA at the Amity Business School and a bachelor's degree at IT College, both located in India.

      link hidden, please login to view

×
×
  • Create New...