Keystone Automotive Industries Announces Acquisition of All Makes Body Parts, Inc.
8 July 1997
Keystone Automotive Industries Announces Acquisition of All Makes Body Parts, Inc.POMONA, Calif., July 8 -_ Keystone Automotive Industries today announced the acquisition of All Makes Body Parts, Inc., a Phoenix, Arizona based distributor of automotive collision replacement parts, with revenues approximating $8 million. Terms of the transaction were not disclosed. Charles Hogarty, President and Chief Executive Officer of Keystone, said "This is a particularly important strategic acquisition for Keystone as it provides the company with significant geographic expansion in the Southwestern United States, where we had a limited presence." All Makes Body Parts has facilities in Phoenix, Arizona, Tucson, Arizona, Albuquerque, New Mexico, El Paso, Texas, Las Vegas, Nevada and Denver, Colorado. The purchase of All Makes Body Parts brings to eight the number of acquisitions effected in the past 12 months. It also brings to 77 the number of service centers Keystone operates throughout the United States with 12 regional hubs. Keystone Automotive Industries, Inc. distributes its products in the United States primarily to collision repair shops through its 77 service centers, of which 12 serve as regional hubs. Its product lines consist of automotive body parts, bumpers, autoglass and remanufactured alloy wheels, as well as paint and other materials used in repairing a damaged vehicle. These products comprise more than 19,000 stock keeping units that are sold to more than 24,000 repair shops throughout the nation. SOURCE Keystone Automotive Industries