We’re born from independent jobbers successfully growing their family businesses for decades. At the same time, in the 1970s, Automotive Warehouse Institute purchasing groups were collaborating with suppliers and delivering world-class customer service. An entrepreneurial spirit led these businessmen to form alliances and grow through acquisitions, laying the foundation for the Auto Plus brand today.
Uni-Select Inc. (TSX:UNS), the former parent Company of Auto Plus, entered the U.S. automotive aftermarket parts industry. The Company grew its operations through acquisitions and investment in inventory and distribution technology platforms for its facilities and customers.
The Auto Plus brand was launched in the U.S. automotive aftermarket.
In June, 2015, Icahn Enterprises L.P. (NASDAQ:IEP) acquired substantially all of the assets of Uni-Select USA, Inc. and Beck/Arnley Worldparts, Inc., comprising the U.S. automotive parts distribution business of Uni-Select Inc. (TSX: UNS). The new entity is now IEH Auto Parts LLC d/b/a Auto Plus. The transaction included 22 distribution centers and satellite locations, 259 corporate owned stores and more than 3,500 Team Members.
Icahn Enterprises L.P. acquired Pep Boys and formed Icahn Automotive Group LLC, bringing the best of Auto Plus and Pep Boys together as one family. IAG was formed to invest in and operate businesses involved in aftermarket parts distribution and service.
Icahn Automotive Group LLC announced its plan in August to separate the Company into two independent aftermarket Parts and Service Companies to best position each Company to focus on unique strategies, customers and business opportunities.
Today, Auto Plus is a leading automotive aftermarket distributor with a strategic plan focused on growing in core major markets where the Company currently has a significant commercial footprint.