Fenix Parent LLC, operating as Fenix Parts, a recycler and reseller of original equipment manufacturer automotive parts, has completed its acquisition of the assets of American & Import Auto Parts in Sterling Heights, Michigan.
American is a full-service automotive recycler servicing the metro Detroit market. This is Fenix Parts’ fourth acquisition in the Midwest and brings Fenix’s location count to 22 full-service and four self-service locations.
Bill Stevens, CEO of Fenix Parts, said, “We are pleased to announce the acquisition of American and look forward to working with the well-trained and experienced staff. This acquisition expands our distribution footprint into the metro Detroit area and will leverage our significant production capacity in the Midwest region. I want to give a special welcome to the team at American, 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 [email protected]
