Rick Wood, president and owner of Automotive Supply Company, announced Monday that he has sold the business to Automotive Parts Headquarters Inc., a third-generation, family-owned auto parts distributor based in St. Cloud, Minnesota. APH operates 280 store locations across nine states.
As a result of the acquisition, Automotive Supply Company's 10 locations will be rebranded as ASC Auto Value.
Wood has been a part of Automotive Supply Company since 1979 and succeeded Case Wewerka as owner. The company has nearly 100 years of serving auto repair professionals, serious DIYers, and auto body shops throughout the region.
"As I looked at our company's future, I recognized APH as a natural fit to continue our family culture and growth," Wood said. "The APH team has a strong culture, and we share the same values and focus on taking care of customers and employees. Additionally, the APH team has the experience and resources to provide great opportunities for our team and great solutions for our customers."
Corey Bartlett, CEO of APH, said the acquisition aligns with the company's values and growth strategy.
"We are honored and delighted Rick chose to sell his business to APH so we can continue their strong tradition of quality products, knowledgeable employees, and superior service," Bartlett said. "We are excited to enter these new markets and fortunate to add the Automotive Supply Company team to the APH family."
