Vast-Auto Distribution To Acquire Ottawa’s Canadian Auto Parts Suppliers

Vast-Auto Acquires Canadian Auto Parts Suppliers

Over the course of its 22 years, Canadian Auto Parts Suppliers has established itself as a dominant auto parts wholesaler and retailer in Canada’s capital city of Ottawa.

Vast-Auto Distribution, a subsidiary of Groupe Del Vasto, a well-established distributor of automotive parts in Eastern Canada, and a shareholder of the Aftermarket Auto Parts Alliance, has entered into a definitive agreement to acquire substantially all of the assets of Canadian Auto Parts Suppliers (C.A.P.S.). The parties expect the transaction to close on Nov. 30, 2021, subject to customary closing conditions. 

Over the course of its 22 years, Canadian Auto Parts Suppliers has established itself as a dominant auto parts wholesaler and retailer in Canada’s capital city of Ottawa. Founded in 1999 by Charles “Chuck” Berthiaume, C.A.P.S. has been committed to servicing both professional installers and do-it-yourself customers through a wide product assortment and an exceptionally qualified staff of auto parts specialists. 

“I am delighted to have chosen to sell my business to Vast-Auto Distribution, which has clearly established itself as a leading Canadian distributor within the automotive aftermarket. With a view to the sustainability of the business, and after working in the automotive sector for most of my career, the decision to sell was not easy to take, but today, I know that this choice is the best for the future of C.A.P.S. and our loyal customers and employees,” said Berthiaume. 

The completion of this transaction plays a pivotal role for Vast-Auto Distribution in its continued market share expansion strategy in Eastern Canada. 

“We are thrilled to welcome C.A.P.S. and all 60 of its team members and its entire customer base to Groupe Del Vasto. We are confident that our culture and our commitment to taking care of our customers and employees, will fit hand in glove with Canadian Auto Parts Suppliers longtime way of doing business. Moreover, we are extremely pleased to announce that Ghazi Mankal, a seasoned aftermarket business professional who has been with C.A.P.S. since the early beginning, will continue in his role as general manager and business associate, which will allow for a smooth transition,” said Mauro Cifelli, president and CEO of Groupe Del Vasto. 

This transaction will position C.A.P.S. to enhance its services and operational effectiveness through access to Vast-Auto’s robust supply chain, including its Ottawa distribution center, and leverage of its technology platforms. 

You May Also Like

Federated Upgrades Car Care Center Program

The enhanced program features updated signage, marketing support, image-enhancing tools, wearables, business management assistance and other information to help with day-to-day shop operations.

Federated Upgrades Car Care Center Program

Federated Auto Parts announced it added several enhancements to its Federated Car Care program designed to help its Car Care Center customers improve and grow their businesses.

The enhanced Federated Car Care program features updated signage, marketing support, image-enhancing tools, wearables, business management assistance and other information to help with day-to-day shop operations, according to Federated.

Advance Auto Parts, Baker Mayfield Partner for Super Bowl

If there is a false start penalty during Sunday’s Big Game in Las Vegas, fans can win free DieHard batteries for life.

Auto-Wares Group Wins TCED Super Bowl Contest

As part of the grand prize, Auto-Wares winners will be accompanied by TCED President Elise Rozon.

TCED-Auto-Wares-Super-Bowl
NPW’s FAST Expo Comes to Life in Digital Format

The event shifted to a digital platform to connect vendors, retailers and technicians while offering exclusive discounts.

NPW-FAST-Expo-2024-digital
APA Recaps SunSplash Incentive Trip in Mexico

More than 400 shop owners, service technicians, APA shareholders and suppliers took part in the event, January 19-23, in Cabo San Lucas, Mexico.

APA Recaps SunSplash Incentive Trip in Mexico

Other Posts

Cloyes Gear & Products Acquires Automotive Tensioners Inc.

The partnership aims to deliver an improved and cohesive timing system solution to modern automotive repair shops, Cloyes said.

M&A in Germany: Distressed Companies and Insolvency Laws

Phil Hertzog discusses the value proposition of investing in distressed companies in Germany, among other topics.

M&A in Germany: Distressed Companies and German Insolvency Laws
Saneg Acquires CGC Lubricants Italy

The acquisition marks a significant step forward in Saneg’s expansion into the European market.

Saneg Acquires CGC Lubricants Italy
Strategies for Navigating the Aftermarket M&A Landscape

Rick Schwartz shares what factors are attracting investors to the aftermarket and how economic factors influence M&A frequency.

Schwart-Advisors-navigating-M&A-in-auto-Aftermarket