HOUSTON, Texas Houston, Texas-based wholesale automotive parts distributor XL Parts announced it has completed its acquisition of four Concho Supply Inc. locations in the Dallas/Fort Worth area.
The assets and operations acquired by XL Parts include the wholesale locations in Dallas, Grand Prairie and Fort Worth, Texas, only. The transaction closed on Monday, May 20, 2013.
XL Parts stated that this acquisition gives the company an increased market share, allowing for the expansion of the company’s current marketing strategies and continued growth. This growth includes a new, expanded distribution center in the Dallas/Fort Worth area that will be operational this summer.
XL Parts, a member of the National Pronto Association, operates stores in Houston, Dallas and Fort Worth, Texas; Oklahoma City, Okla.; and Baton Rouge, La., metropolitan areas, providing replacement parts for the automotive aftermarket as well as new and used car dealerships.
Concho Supply Inc. also is a member of the National Pronto Association, and will continue to own and operate its remaining locations in Abilene, Temple, Georgetown and San Angelo servicing central and west Texas including the panhandle.