GERMANTOWN, TENN. Parts Plus of New Mexico, a Parts Plus member of the Automotive Distribution Network, has purchased the assets of B & B Brake and Suspension in the Albuquerque, N.M., market.
“Our group has seen a lot of expansion into additional markets over the past couple of years,” said Mike Lambert, president of the Network. “Our members are now in a position to concentrate and strengthen their hold in various communities.”
With the acquisition, Parts Plus of New Mexico plans to keep B & B’s existing downtown location as a satellite warehouse, while also maintaining the company’s knowledgeable staff and previous owner, Bobby Jackson, to help transition his customer base and product categories.
Known in the region for his extensive product depth in the undercar categories and his top notch hot-shot service, Jackson is excited to join the Parts Plus team and feels that this acquisition complements the current infrastructure, according to Adam Honegger, CEO of Parts Plus of New Mexico.
“This expansion will enable Parts Plus of New Mexico to increase our presence in the Albuquerque market and strengthen the market share.” Honegger said. “Now with over 40 hot-shot trucks in Albuquerque and new GPS routing software, we really have the capability to give our growing installer base the service they deserve.”
Parts Plus of New Mexico services nine company-owned stores and 20 independent auto stores daily.