SOURCE: Pep Boys

Pep Boys

SOURCE: Auto Plus

Auto Plus

April 05, 2016 08:58 ET

Auto PlusSM and Pep Boys Strengthen Distribution Portfolio in Winder, GA

Parts Inventory Increases for the Auto Aftermarket Company

KENNESAW, GA--(Marketwired - April 05, 2016) - Auto Plus and Pep Boys President and Chief Executive Officer Brent Windom today announced the acquisition of Greene's Auto Parts, a former independently owned store supported by Auto Plus located in Winder, GA.

"This acquisition of Greene's Auto Parts is a welcomed addition to our company," said Windom. "We are committed to aggressive growth through acquisition and corporate store development, and a business such as Greene's Auto Parts further enables our company to expand our footprint within targeted markets."

A staple of the Winder-area community it has served for more than 33 years, Greene's Auto Parts provides customers with repair and maintenance parts for cars and light trucks, along with maintenance items for trailers and agricultural and industrial tractors.

Windom added, "Our team is extremely pleased with our pace of expansion, and plans to continue executing our rapid growth strategy."

About Auto Plus:
Auto Plus is a major U.S.-based distributor of automotive aftermarket parts. It is known for its investment in high-technology platforms for parts distribution and inventory control. The company continues to grow rapidly through its strategic acquisition plan. For more information, visit http://www.autoplusap.com.

About Pep Boys:
Since 1921, Pep Boys has been one of the nation's leading automotive aftermarket chains. With over 7,500 service bays in over 800 locations in 35 states and Puerto Rico, Pep Boys offers name-brand tires; automotive maintenance and repair; parts and expert advice for the Do-It-Yourselfer; commercial auto parts delivery; and fleet maintenance and repair. Customers can find the nearest location by calling 1-800-PEP BOYS (1-800-737-2697) or by visiting www.pepboys.com.

Caution Concerning Forward-Looking Statements

This release contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, many of which are beyond our ability to control or predict. Forward-looking statements may be identified by words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates", "will" or words of similar meaning. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. We undertake no obligation to publicly update or review any forward-looking information, whether as a result of new information, future developments or otherwise.

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