Transtar Holding Company, a family of automotive aftermarket businesses in parts distribution and manufacturing, software development and ecommerce solutions, and more, has announced the acquisition of C&M Auto Parts, a full-line warehouse distributor headquartered in Trenton, New Jersey. This deal represents the second acquisition Transtar completed in the first quarter of 2023.
Transtar said it identified C&M Auto Parts as an exceptional business with a respected legacy and strong product portfolio that well-matches its strategic goals. C&M Auto Parts will operate as an independent business unit of Transtar Holding Company, with current C&M Auto Parts President Glenn Morreale joining Transtar’s Executive Leadership Team.
Transtar Holding Company President and CEO Neil Sethi says, “I am incredibly proud to welcome C&M Auto Parts under the Transtar umbrella. Their impressive growth trajectory, quality products, and focus on values-based culture perfectly suits our strategic goals.”
C&M Auto Parts President Glenn Morreale says, “I couldn’t be more pleased for C&M Auto Parts to join Transtar Holding Company. Their vision for introducing game-changing innovations to the automotive aftermarket industry matches our own, and with our complementary strengths, we will be well positioned to actualize those goals and accelerate growth.”