ROANOKE, Va. (AP) — Advance Auto Parts Inc. has agreed to buy parts supplier B.W.P. Distributors Inc., accelerating its growth in the Northeast.
The Roanoke, Va.-based seller of auto parts and batteries said Wednesday that the all-cash transaction is expected to close at the end of December. Terms were not disclosed.
Privately held BWP supplies products primarily to commercial customers. The New York-based company operates or supplies 216 locations in Connecticut, Delaware, Maryland, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont.
Advance plans to operate 124 BWP company-owned stores and transfer rights to distribute to 92 independently owned locations to a General Parts International Inc. affiliate. Advance also will operate two of BWP's distribution centers in Massachusetts and New Jersey. GPI will operate BWP's other distribution center in New York.