March 2, 2018—Parts Authority, a distributor of automotive and truck parts throughout the U.S., recently announced it has entered into an agreement to purchase Interamerican Motor Corporation (IMC) from AutoZone.
IMC operates 26 locations across nine states, and is the second-largest distributor of replacement parts in the U.S.
The transaction is expected to close in the coming weeks.
“This acquisition is an expansion of our product offerings, customer touch points and geographies,” said Randy Buller, president and CEO of Parts Authority in a press release. “The company’s leadership in European replacement parts is a logical fit with Parts Authority’s current catalog.”
To learn more about Parts Authority, click here.