Fenix Parent LLC, operating as Fenix Parts (“Fenix Parts”), a leading recycler and reseller of original equipment manufacturer automotive parts, announced today it has completed its acquisition of the assets of Reno Auto Parts (“Reno”) in Hillsboro, Ohio.
Reno is a full-service automotive recycler servicing the Cincinnati and Dayton markets. This is Fenix Parts’ third acquisition in the Midwest and brings Fenix’s location count to 21 full-service and 4 self-service locations.
Bill Stevens, CEO of Fenix Parts, said:
“We are pleased to announce the acquisition of Reno and are excited about the addition of its experienced and talented team to the Fenix family. This acquisition expands our distribution footprint into Cincinnati and Dayton and adds significant production capacity to our Midwest region that will drive incremental sales at our Columbus and Cleveland locations. I want to give a special welcome to the team at Reno, we sincerely look forward to working with you.”
Fenix Parts continues to pursue opportunities that align with its strategic development plans. Current auto recycling owners interested in learning more about Fenix’s acquisition process should email info@fenixparts.com
Source businesswire.com
