Advance Auto Parts Announces Acquisition of BWP Distributors
Advance Auto Parts, a retailer of automotive aftermarket parts, accessories, batteries and maintenance items, announced that it's entered into a definitive purchase agreement to acquire B.W.P. Distributors, Inc. in an all-cash transaction. BWP, a privately held company that supplies, markets and distributes automotive aftermarket parts and products principally to commercial customers, was founded in 1962 and is based in Armonk, NY. BWP currently operates or supplies 216 locations in Connecticut, Delaware, Maryland, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont.