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Slide #29. Advance Auto Parts, Inc. — BWP Distributors
Advance Auto Parts, Inc. (NYSE:AAP)
Advance Auto Parts, Inc., a leading retailer of automotive aftermarket parts, accessories, batteries, and maintenance items, announced today that it has entered into a definitive purchase agreement to acquire B.W.P. Distributors, Inc. (BWP) in an all-cash transaction. The parties expect to close at the end of December, subject to the satisfaction of certain customary conditions, including expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
Advance Auto Parts is an automotive aftermarket parts provider in North America, serving both professional installers (Professional), and do-it-yourself (DIY), customers as well as independently owned operators. Co.'s stores and branches provide a selection of brand name, original equipment manufacturer and brand owned automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks. Through its integrated operating approach, Co. serves its Professional and DIY customers through a variety of channels ranging from brick and mortar store locations to self-service e-commerce sites.
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Buy (3.25 out of 4)