RICHMOND, VA — Undercar parts manufacturer AutoPartSource was acquired by Amalfe Brothers Inc. of New Jersey, effective Feb. 23. Amalfe Brothers Inc. is a family owned business with more than 60 years of automotive aftermarket experience that includes manufacturing, wholesale distribution and retail operations.
AutoPartSource was formed in 2004 from assets aftermarket business owner Frank Pagano purchased from the former Qualitee International. The company supplies filters, brakes, clutches, drums/rotors and related products to warehouse distributors in the automotive aftermarket. Pagano said he will now focus his attention on his other company Coni-Seal Inc. and its global sourcing initiatives. He has sold all of his interest in AutoPartSource and New World Friction to Amalfe Brothers Inc.
Amalfe Brothers plans to provide new capital to expand the current product offerings of AutoPartSource. John Paul Amalfe will serve as the president of the company.