VIPAR Heavy Duty acquires Power Heavy Duty
Aftermarket truck parts distributor VIPAR Heavy Duty of Crystal Lake announced it has acquired distributor network Power Heavy Duty, based in Pearland, Texas. Terms of the acquisition were not announced.
Power Heavy Duty will become part of the VIPAR Heavy Duty family of companies and continue to serve the marketplace as a separate brand.
Power Heavy Duty operates more than 200 locations across the U.S., while VIPAR Heavy Duty distributors operate from over 500 locations across the U.S., Canada, Puerto Rico, and Mexico. The combined network footprint of over 700 locations will serve end users including fleets, owner-operators, and independent repair shops under the VIPAR Heavy Duty and Power Heavy Duty brands locally.
"As the heavy duty aftermarket continues to evolve, VIPAR Heavy Duty has examined ways to best serve our shareholders and provide a positive impact on the marketplace," said Steve Crowley, president and CEO of VIPAR Heavy Duty. "The acquisition of Power Heavy Duty allows us to take a multifaceted approach to the independent heavy duty parts distribution business, and be the program group of choice for successful heavy duty parts distributors of all sizes by providing the right programs, tools and products. We want to continue to be the strongest possible channel for our suppliers to bring their products to the marketplace."
All corporate functions, including central administration and management, program management, marketing and communications, and technology will be performed by VIPAR Heavy Duty. Brett Upton, a 20-year veteran of the Power Heavy Duty membership, will continue to be the point of contact for member development, recruitment, and other member needs for Power Heavy Duty.
"Power Heavy Duty members will benefit from this acquisition by having the support and proven experience of VIPAR Heavy Duty management behind the group and brand," Upton said. "I'm excited to continue working on behalf of Power Heavy Duty members to serve and support their needs."
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