Keystone Automotive Acquires Chambers Parts Distributors

Keystone Automotive Industries has acquired Chambers Parts Distributors, headquartered in Manchester, Me. In addition to Manchester, Chambers operates out of facilities in Bangor and Portland, Me. The company recorded sales of approximately $5 million in 2003. Terms of the transaction were not disclosed.

POMONA, CA — Keystone Automotive Industries has acquired Chambers Parts Distributors, headquartered in Manchester, Me. In addition to Manchester, Chambers operates out of facilities in Bangor and Portland, Me. The company recorded sales of approximately $5 million in 2003. Terms of the transaction were not disclosed.

Keystone Automotive Industries distributes its products primarily to collision repair shops through its 126 distribution facilities, of which 22 serve as regional hubs, located in 38 states and Canada. Its product lines consist of automotive body parts, bumpers, and remanufactured alloy wheels, as well as paint and other materials used in repairing a damaged vehicle.

According to Richard Keister, president and CEO of Keystone, this acquisition will allow Keystone to expand its presence in a geographic region that it does not currently serve.

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