MONTREAL, Quebec – John Del Vasto, president of and David Vaughan, vice president of Eastern Automotive Warehousing, announced they have formed a strategic partnership through the acquisition of the business operations of Eastern Automotive Warehousing. The newly formed entity, Vast-Auto Distribution Atlantic, will be responsible for all distribution activities in the Atlantic Provinces. The company owned stores will continue to operate under Auto Machinery.
“This transaction supports our growth strategy and strengthens our position in Eastern Canada," said Del Vasto. “Atlantic Canada is a very important market for us and we are committed to offering parts stores access to a quality product assortment and provide value added services to fulfill the needs of the customer base.”
The two companies stated that in addition to the synergy and increased efficiency made possible by grouping their activities, the quality and flexibility of the combined marketing programs will allow them to better serve their existing customers and develop the full potential of the market in an optimal way. “The expanded operational and supply chain infrastructure enables us to better service the needs of our customers in Atlantic Canada and accelerate our growth plans,” said Vaughan. “At the end of the day, we are proud of our family’s 100-year tradition in the industry and feel that partnering with Vast-Auto will make us stronger. It is a new and very exciting era for Eastern Automotive Warehousing and Auto Machinery.”
The transaction will expand Vast-Auto’s footprint of Auto Value associate and corporate part stores and its network of professional repair shops in Eastern Canada. David Vaughan will continue to administer the business as vice president and general manager.
