Federated, National Pronto merge

STAUNTON, Va. (Dec. 11, 2014) — Federated Auto Parts and automotive program distribution group National Pronto Association are merging their efforts and resources.

The merger, according to Federated and Pronto, will focus on “being ‘best in class' in providing overall value and support within the auto care industry.” The newly formed organization will be known as “Automotive Parts Services Group” or simply “The Group.”

Bill Maggs, CEO of  Grapevine, Texas-based Pronto, said the “association is based on the desire to continually improve services and value for the entire set of Pronto and Federated suppliers, members and customers throughout the aftermarket.”

“We believe it provides increased value for our constituents and a foundation for continued success in serving the industry,” said Rusty Bishop, CEO of Staunton-based Federated. “Both Pronto and Federated headquarters will remain in place and continue to support their respective members' needs and marketing programs while progressing to shared resources in all areas that offer efficiencies and improvement opportunities to remain competitive in a changing market.”

Mr. Maggs added that “recognizing the industry is evolving faster than ever, we wanted to take a proactive stance to lead the traditional automotive distribution channel into the future. Both Pronto and Federated are thriving and growing organizations.

“By combining two of the major program groups, we will be positioned to compete successfully in our rapidly consolidating industry.”

The combined organization will operate more than 5,000 locations in North America with estimated member revenue of approximately $7 billion.

Pronto, formed in 1979, consists of 92 shareholder owners. The automotive program distributor said it focuses on marketing, technology and buying. The group is a founding member of 1Parts Global Aftermarket Services, based in Brussels, Belgium. Pronto members — located in Canada, the U.S., Mexico and Puerto Rico — distribute name brand, OE and Pronto exclusive brand products. More information about Pronto is available on its website.Federated is one of North America's largest auto parts distribution and marketing organizations.