The BRAKE Report
  • Home
  • News
    • Automotive
    • Commercial Vehicle
    • Motorcycle/ATV
    • Motorsports
    • Rail
    • Other
  • Interviews
    • Coffee Brake
    • Leadership Spotlight
  • Technical Articles
  • Test Drives
  • Brake Careers
  • Sponsors
  • Subscribe
Monday, March 8
  • About
  • Contact
  • Sponsorship Guide
Facebook Twitter Instagram YouTube LinkedIn
The BRAKE Report
  • Home
  • News
    • Automotive
    • Commercial Vehicle
    • Motorcycle/ATV
    • Motorsports
    • Rail
    • Other
  • Interviews
    • Coffee Brake
    • Leadership Spotlight
  • Technical Articles
  • Test Drives
  • Brake Careers
  • Sponsors
  • Subscribe
The BRAKE Report
Home » Automotive » APC Sells AP Emissions Business
Automotive

APC Sells AP Emissions Business

Mike GeylinBy Mike GeylinSeptember 15, 2020No Comments2 Mins Read
  • LinkedIn
  • Twitter
  • Facebook
  • Print

Source: APC Automotive Technologies announcement

LITTLETON, Colo. –APACE Holding Company, LLC (APACE) has acquired APC Automotive Technologies’ (APC) emissions business unit AP Emissions.

Following a comprehensive strategic analysis, APC’s Board of Directors concluded this transaction maximizes the value of the AP Emissions business and will enable further growth and innovation into the future for the benefit of employees and the wider industry.

Going forward, Centric Parts will operate as APC’s public-facing brand under Ms. Warfield’s leadership.

Related post:
APC Automotive Technologies Completes Restructuring

Led by Vange Proimos, a prominent and longstanding veteran of the exhaust and emissions industry, APACE is an ideal strategic acquirer for AP Emissions, which will continue to operate under its current name.

“Today’s announcement is the culmination of a year-long process through turbulent, uncertain times, but I could not be prouder of the team at AP Emissions that persevered and grew the business,” said Tribby Warfield, chief executive officer. “Vange has the skills, experience and deep familiarity with the business to lead it into the future, and I look forward to seeing it prosper under ownership that recognizes the heritage of the iconic brands within the AP Emissions portfolio of businesses.”

Terms of the transaction were not disclosed. King & Spalding LLP served as legal advisor to APC, and Weinsweig Advisors LLC served as its financial advisor. Honigman LLP served as legal advisor to APACE, and Conway MacKenzie served as its financial advisor.

About APC Automotive Technologies APC Automotive Technologies is a leading supplier of automotive, light truck, and heavy-duty replacement parts. Delivering one of the broadest lines of undercar parts in the market, APC provides a comprehensive product portfolio including a full line of exhaust, brake, and chassis parts to traditional warehouse distributors, feeders, retailers, and performance and specialty channels. APC Automotive Technologies offers industry-leading product depth, customer service, and support. The company was formed in May of 2017 by the merger of AP® Emissions Technologies (Goldsboro, NC) and Centric® Parts (Carson, CA). For more information, visit www.APCAutoTech.com.

Mike Geylin
Mike Geylin
  • LinkedIn

Mike Geylin is the Senior Editor for The BRAKE Report. Geylin has been in automotive communications for five decades working in all aspects of the industry from OEM to supplier to motorsports as well as reporting for both newspapers and magazines on the industry.

Related Posts

TMD Friction expaned its aftermarket range by 827 products in2020

TMD Friction Continues to Expand its Offerings

March 8, 2021
The new Honda Legend will feature Honda SEDNSING Elite safety and ADAS features

Honda SENSING Elite Coming in Honda Legend

March 5, 2021
Continental has invested in a chip maker working on AI products

Chip Maker Receives Continental Investment

March 4, 2021
Industry Partners
Official Media Partner of
About

The BRAKE Report is an online media platform dedicated to the automotive and commercial vehicle brake segments. Our mission is to provide the global brake community with the latest coverage of news & insights from around the industry.

Latest News
TMD Friction expaned its aftermarket range by 827 products in2020

TMD Friction Continues to Expand its Offerings

March 8, 2021
The new Honda Legend will feature Honda SEDNSING Elite safety and ADAS features

Honda SENSING Elite Coming in Honda Legend

March 5, 2021
Translate:

Type above and press Enter to search. Press Esc to cancel.