Parts Plus of New Mexico Acquires Federated Auto Parts of NM; Expands Further into New Mexico Market

Parts Plus of New Mexico, a Parts Plus member of the Automotive Distribution Network, has purchased the assets of J & J Auto Parts, a former Federated distributor in the Albuquerque, NM, market, according to Mike Lambert, president of the Network. According to Adam Honegger, CEO of Parts Plus of New Mexico, this acquisition gives Parts Plus of New Mexico access to a whole new customer and product base in a part of Albuquerque previously not penetrated.

GERMANTOWN, TN – Parts Plus of New Mexico, a Parts Plus member of the Automotive Distribution Network, has purchased the assets of J & J Auto Parts, a former Federated distributor in the Albuquerque, NM, market, according to Mike Lambert, president of the Network.

“Our group has seen a lot of expansion into additional markets over the last couple of years,” said Lambert. “Our members are now in a position to concentrate and strengthen their hold in various communities.”

Parts Plus of New Mexico plans to keep the existing location as a satellite warehouse, while maintaining staff and service levels.

According to Adam Honegger, CEO of Parts Plus of New Mexico, this acquisition gives Parts Plus of New Mexico access to a whole new customer and product base in a part of Albuquerque previously not penetrated.

“This expansion will enable Parts Plus of New Mexico to increase our market share and strengthen the Parts Plus name throughout Albuquerque,” Honegger said. “This is our biggest acquisition over the past several years, and it will help be a good springboard for future growth in New Mexico.”