By Erin McCarthy
AutoZone Inc. agreed to acquire Interamerican Motor Corp., a
deal to boost its offerings of import car parts.
IMC currently operates 17 locations and is the second-largest
distributor of original equipment quality import replacement parts
in the U.S., AutoZone said in a statement. Terms of the deal
weren't disclosed.
"The company's leadership in import car parts coverage will be
an exceptional fit with AutoZone's current product assortment,"
Chief Executive Bill Rhodes said.
IMC was acquired from German company Wulf Gaertner Autoparts
AG--a producer of replacement parts for the automotive
aftermarket-- which, through the sale, is seeking to strengthen its
focus production of high quality automotive replacement parts,
AutoZone said.
Write to Erin McCarthy at erin.mccarthy@wsj.com
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