Fisher Auto Parts Acquires Allied Auto Parts
Fisher Auto Parts announced that it acquired Allied Auto Parts, which has 13 locations in Massachusetts and two in Rhode Island.
The announcement was made by David Reid, senior vice president and COO, Fisher, and Michael Borr, president, Allied.
“The primary rationale for selecting Fisher Auto Parts was the cultural fit of our two organizations. We operate in similar styles and share compatible philosophies,” said Borr. “Colleagues who have been acquired by Fisher have spoken very highly of them, especially about their commitment to their employees. Fisher will help us compete with the larger players who continue to force out smaller players through economies of scale, purchasing power, vendor influence, technology and a skilled, specialized work force.”
Borr will stay on following the acquisition to continue to help grow the business, the companies said.
Fisher started out in 1955 with stores in Dorchester and Norwood, Mass., and has grown to 16 locations.