ROANOKE, Va. Advance Auto Parts has acquired B.W.P. Distributors Inc. (BWP) in an all-cash transaction. The deal closed at the end of December.
Founded in 1962, BWP is a privately held company that supplies, markets and distributes automotive aftermarket parts and products principally to commercial customers. Based in Armonk, N.Y., BWP currently operates or supplies 216 locations in Connecticut, Delaware, Maryland, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont.
Advance says this acquisition will enable the company to continue its expansion in the Northeast, a strategic growth area for Advance. Advance will operate 124 BWP company-owned stores and will transfer the rights to distribute to 92 independently owned locations to an affiliate of General Parts International Inc. (GPI), a privately held auto supply company. Additionally, Advance will continue to operate two of BWP’s distribution centers in Sutton, Mass., and Delran, N.J. GPI will operate BWP’s other distribution center in Armonk, N.Y.