Parts Town expands with European acquisition

ADDISON - PT Holdings LLC, the parent company of food service equipment parts distributor Parts Town, Tuesday said it acquired the REPA Group, a European leader in parts distribution.

Financial terms of the transaction were not disclosed.

This global combination will further enhance the availability, delivery and overall experience of finding and buying spare parts for service companies, restaurants and institutional customers around the world, PT Holdings said.

Steve Snower, CEO of PT Holdings, will lead the combined organization. Alexander Wiegand, CEO of REPA Group, will continue to lead the REPA Group's European operation.

"We are very excited to welcome the REPA Group to the PT Holdings family. The REPA team is exceptional, and they have built an incredible business," Snower said. "This combination strengthens our global capabilities, will improve the customer experience, and will help improve the availability of genuine (original equipment manufacturer) parts for our manufacturer partners."

The new organization will have significant operations in the U.S., Canada, Germany, France, Italy, the U.K., Spain and other areas of the world.