Fisher Auto Parts to Acquire Six New Locations
Herb Godschalk, co-president of Fisher Auto Parts, announced the intention to acquire six World Auto Parts company stores based in Buffalo, N.Y. The closing is expected on or around Oct. 1, 2017.
World Auto Parts’ roots in Buffalo run deep. David Chertoff built the business over the course of three decades, starting in his parents’ garage and becoming the last independently owned local automotive parts warehouse in the area. Chertoff, who will continue to help grow the business, says, “IIt is my pleasure to team up with Fisher Auto, another family-owned company with strong values.”
The founding member of Federated Auto Parts Distributors, Fisher Auto Parts is a member of the Automotive Parts Services Group (APSG) and now has approximately 500 company-owned locations plus over 100 independent jobbers in 18 states.
The company continues a steady growth strategy by more than quadrupling in size over the last decade through a combination of same store sales, new stores and acquisitions. Founded in 1929 by Blair Coiner, Fisher Auto Parts currently has approximately 5,300 employees.