FleetPride acquires Pardo's Truck Service Parts warehouse locations in New Jersey, Pennsylvania and Maryland

Jan. 28, 2015
Pardo's will retain its Kearney, N.J., location, and FleetPride will serve as a supplier to the location.

FleetPride, Inc., the nation's largest independent distributor of aftermarket heavy duty truck and trailer parts, announced that it has acquired the assets of six locations owned by Pardo's Truck Service Parts Warehouse, Inc. in the New Jersey, Pennsylvania and Maryland markets. Pardo's will retain its Kearney, N.J., location, and FleetPride will serve as a supplier to the location.

"This acquisition is strategically important to FleetPride because it allows us to increase our locations rapidly in the northeastern U.S. market," said Kevin Peters, CEO of FleetPride. "Expanding our presence in the region is an important part of our national growth plan for 2015."

"We're building our company to provide the right products to our customers at the right times and in the right places, supported by team members who deliver outstanding service," added Peters. "By working closely with key suppliers and leveraging our distribution capabilities, we're also ensuring that we offer superior value in all our stores."

Dominick Pardo, owner of Pardo's, said, "The Pardo's business was started by my father Joseph R. Pardo in 1981 and grew to serve customers across three states. We are very proud of that legacy. FleetPride has an appreciation for the dedication and years of local expertise of our employees, many of whom have worked in the business since my father ran it, so we're confident this is a positive move for everyone."The Pardo's acquisition builds upon FleetPride's record-setting growth in 2014 with sales that surpassed $1 billion. The company's ongoing focus on the northeastern U.S. market includes the acquisition of Ryan Industrial Supply in southwestern Pennsylvania in late 2014.

"In 2015, we'll continue to take advantage of opportunities regionally and nationally to increase our market leadership," said Peters. "Our goal is to make FleetPride the most trusted resource for heavy duty aftermarket products and service for our customers across the country."

Sponsored Recommendations

Garage Tip: The Value of System Solutions

Learn why inspecting related parts when repairing your vehicle can save you time and money. Avoid future failures and ensure satisfaction! Click to watch now.

Access the Best Learning Resource for Professional Mechanics

Get hands-on tips, updated repair instructions, mounting videos, failure diagnosis, and best practices for professional mechanics. Click to access essential technical info to ...

From the Basics to Innovations - Transmission Technical Training Videos

Explore Schaeffler's portfolio of transmission technical trainings for the LuK brand. Tailored for all skill levels, our modules cover basics to innovations. Click to learn more...

Clutch Release Problems - Diagnosis & Failure Analysis

Explore common clutch release problems and their causes, from hydraulic issues to mechanical faults. Understand diagnostics and solutions for optimal clutch performance.

Voice Your Opinion!

To join the conversation, and become an exclusive member of Vehicle Service Pros, create an account today!