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XL Parts acquisition by Marubeni America Corporation ("MAC")

Mar 01, 2020
XL Parts acquisition by Marubeni America Corporation ("MAC") is a strategic move with win-win approach.
The acquisition of XL Parts represents a strategic platform for Marubeni to enter the direct-to-installer automotive parts market in the United States.
MAC is the U.S. operating subsidiary of Marubeni Corporation, a major public Japanese conglomerate. Marubeni Corporation has a long history of successful enterprises in the automotive industry, and was solicited by XL Parts as the preferred partner to expand the XL Parts business model in the United States. XL Parts is the largest direct-to-the-installer automotive parts supplier in the Houston, Dallas/Fort Worth, Oklahoma City, and Baton Rouge metropolitan areas with over 140 stores. XL Parts stocks over 120,000 different part numbers, covering 175 product lines from multiple manufacturers, and is able to deliver orders to its installer customers in less than 45 minutes utilizing its differentiated distribution model. The company, founded by Ali Attayi in 2001, is headquartered in Houston, Texas. For more details visit https://gulfstargroup.com/press-releases/view/xl-parts-has-been-acquired-by-marubeni-america-corporation