BBB To Acquire All Star Auto Parts
Daphne’s BBB Industries, LLC, a sustainable automotive aftermarket and industrial manufacturer, has announced entering into a definitive agreement to acquire All Star Auto Parts. Headquartered in Orlando, All Star is a growth-oriented provider of alternative automotive replacement parts, including both remanufactured OEM and aftermarket lights and wheels. It primarily focuses on the U.S. collision repair channel, which it serves through its nationwide distribution network. “All Star will strengthen our electronics offering and will allow us to provide additional product and service options…. Our goal is to continue to spread the power of sustainable manufacturing at scale to deliver even greater value to the markets we serve, and we are excited about the growth opportunities that lie ahead,” said Duncan Gillis, CEO of BBB. Terms of the transaction, which is expected to close in the third quarter of this year, were not disclosed.
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