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Hahn Automotive To Acquire Carparts Distribution Center

Counterman

By Counterman
in Auto Parts News

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Counterman

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Hahn Automotive Warehouse and Carparts Distribution Center have signed a definitive agreement for Hahn to acquire Carparts.

Rochester, New York-based Hahn and Plaistow, New Hampshire-based Carparts are members of the Aftermarket Auto Parts Alliance.

Terms of the transaction, which is expected to close on or about Dec. 27, were not disclosed. Stan Lewis, president of Carparts, will continue with the company following the completion of the transaction.

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.

“I am thrilled our family business is going from my family to another family business,” said Maggie Maleno, a long-time shareholder of Carparts. “It was important for my employees to have a welcoming place to work.”

Lewis added: “We are extremely pleased to be joining Hahn to continue with the business of the combined Hahn/Carparts entity. This combination provides significant opportunities for growth for our customers, including enhanced sales and marketing efforts throughout the New England area.”

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