Jerold Winter of Toronto-based distribution group Motorcade Industries Ltd. has formally announced the sale of Motorcade to Monaco Group Automotive/World Automotive Warehouse. Motorcade Industries Ltd. was established in 1957 by Martin Winter. The company has grown to become a distributor of quality automotive replacement parts to all sectors of the automotive industry.
“I want to thank my staff and customers for their many years of loyal support and dedication while reassuring everyone that I will be part, not only of the smooth transition but, moreover, the future growth of Motorcade Industries for the benefit of its customers and team in both continuing and enhancing our commitment to providing the best products and service in the industry, at very competitive prices,” said Winter.
“We are so glad and proud that Jerold chose us to help evolve the Motorcade mission at this stage in his very successful career. We will do our utmost to progress forward with good team work, chemistry and synergies,” said Ernest, founder and CEO of MONACO Group Automotive, and Dominic Monaco, president of MONACO Group Automotive.