WINSTON SALEM, N.C. Auto Supply Co., a family owned warehouse distributor based in Garner, N.C., has acquired Loop Road Auto Parts, a leader in providing quality parts and service to customers in Garner and the Raleigh area of North Carolina. Auto Supply Co. has 15 branch locations and three warehouses throughout North Carolina and Western Virginia. The company has been in business since 1954.
According to President and CEO Charlie Key, the acquisition is in line with the company’s continuing strategy to grow its business within the automotive industry. “This acquisition allows us to expand our market presence in Wake County with a company that is a natural fit for Auto Supply Company,” said Key. “Both of our companies have similar values in terms of a customer-centric focus, providing quality parts and service and valuing our contribution to the local economy.”
“I’m delighted to be joining a company with a similar culture and business approach,” said Scot Chappell, president of Loop Road Auto Parts. “As part of the Auto Supply Co. family, we will be even stronger and more competitive, with the ability to better serve our customers in our market area. Ed, Don and I are excited to be continuing on with Auto Supply Co. as well as all of our employees.”