Who bought Carquest Auto Parts?

Advance Auto Parts
Advance Auto Parts will buy 1,418 outlets of the Carquest chain to boost its auto repair operations to complement its car parts business, sending its shares up as much as 20% to a record high.

Is CarQuest the same as Advance Auto?

Carquest Corporation is an American automotive parts distribution network that is currently owned and operated by Advance Auto Parts via independent retailers associated with the network. As of October 4, 2014 Advance operated 5,305 stores, 109 Worldpac branches.

Is Carquest the same as Advance auto?

Are CARQUEST remanufactured starters and good?

Carquest Starters and Alternators are offered new and remanufactured: Carquest starters and alternators are exceptionally constructed, OE quality parts with industry-leading warranties. With a high level of proven performance and triple tested, these parts meet or exceed OE specifications.

Is Carquest the same as Advance Auto?

What happened to Carquest?

On October 16, 2013 it was announced that Carquest would be acquired by Advance Auto Parts, Inc in an all-cash transaction estimated at approximately $2 billion dollars. The deal was finalized on January 3, 2014.

What brand is Carquest?

Who did NAPA buy out?

Genuine Parts
Genuine Parts, based in Atlanta, said today it has agreed to pay about $2 billion to acquire London-based Alliance Automotive Group, which sells more than 100,000 parts online and through more than 1,800 stores across the United Kingdom, France and Germany.

Who is the owner of Advance Auto Parts?

Advance Auto Parts

Advance Auto Parts in Cairo, Georgia
Owner Institutional Owners[1] Vanguard Group Inc [2] (10.25%) BlackRock Fund Advisors [3] (5.18%) Barrow, Hanley, Mewhinney & Strauss [4] (4.47%) State Street Corp [5] (4.43%) Starboard Value LP [6] (4.36%)
Number of employees 68,000 (2020)