Atlanta-based automotive recycler Pull-A-Part announced it has acquired U-Pull-&-Pay (UPAP), a subsidiary of Cincinnati-based David J. Joseph Co. (DJJ) and part of the Nucor family of steel and steel products companies.
This is the largest acquisition in Pull-A-Part’s history and an acknowledgement of the company’s commitment to growth and expansion in the U.S. Through this acquisition, Pull-A-Part will add 11 locations in the U.S., including its first locations in Colorado, Florida, New Mexico, and Pennsylvania. Pull-A-Part will now operate 36 locations in 16 states nationwide.
“The acquisition of DJJ’s U-Pull-&-Pay business unit is a significant milestone in the growth of our business,” says Ross Kogon, CEO of Pull-A-Part. “U-Pull-&-Pay has operated their stores with the same commitment to safety, the environment, its customers, and the communities it serves that have helped us succeed, and we are excited to add their team to the Pull-A-Part family.”
Pull-A-Part intends to continue to operate U-Pull-&-Pay stores as a separate brand in the markets it serves.
“While it was a difficult decision to sell our U-Pull-&-Pay division, we believe the placement of the business with Pull-A-Part offers our teammates a great opportunity to continue growing their careers in the self-serve auto parts business with an industry leader,” says Doug Jellison, Charlotte, N.C.-based Nucor’s executive vice president of raw materials.
Photos courtesy of Pull-A-Part.