PartSource Acquires Thunder Bay Operations

PartSource, a chain of auto parts specialty stores, today has announced the acquisition of Thunder Bay Best Buy, a two-store auto parts business.
The stores will continue to operate in their current locations in Thunder Bay, until the plans for a new PartSource store are finalized. At that time, the North Cumberland Street store will be relocated to the new site, while the North Vickers Street will continue to operate in its current location.
PartSource’s acquisition of these two stores supports the chain’s growth strategy and is the retailer’s first entry into Northwestern Ontario.
Bruce Allen, president, PartSource is enthusiastic about the deal. “We are focused on becoming the most recommended auto parts specialty chain, serving both automotive do-it-yourselfers and professional installers. We have grown to a chain of 52 stores and we have well-established growth plans for the future. These two stores have a loyal customer base and tremendous strengths, and we look forward to working with the team there and enhancing our overall store operations and offerings to customers. We will be investing in PartSource Thunder Bay to build the business and to continue serving the community.”
Thunder Bay Best Buy has a strong reputation in the community and is staffed by a team of dedicated and experienced employees, who have been offered employment by PartSource.
PartSource is a chain serving do-it-yourself automotive customers and the commercial auto parts market (professional installers).
Each store is staffed with experienced auto parts professionals and licensed automotive technicians who share the customer’s passion for cars and trucks. New store staff are chosen based on their ability to help customers with all their auto parts needs.
Each store carries a broad inventory of automotive parts and accessories tailored to reflect the area’s vehicle population. Brand names include Bosch, Fram, Monroe, Wagner, Quaker State, NGK, TRW and Borg Warner & Maremont products.
In addition to automotive parts, PartSource stores also carry a variety of name brand convenience and accessory items, including seven national brands of motor oil, five brands of spark plugs and three brands of oil filters.