Fenix Parent LLC, operating as Fenix Parts a leading recycler and reseller of original equipment manufacturer automotive parts, announced today it has completed its acquisition of the assets of Pacific Rim Auto Parts (“Pacific”) in Ft. Worth, Texas. Pacific is a specialty automotive recycler focused on ecommerce part listing and sales.

Bill Stevens, CEO of Fenix Parts, said, “We are pleased to announce the acquisition of Pacific and welcome the talented team to Fenix. We are excited about the opportunity to leverage Pacific’s specialty vehicle acquisition expertise with Fenix’s experience recycling hybrid vehicles. Our plan is for the Pacific team to focus on specialty, hybrid and electric vehicle recycling utilizing ecommerce sales channels.”

Fenix Parts continues to pursue opportunities that align with its strategic development plans. Current auto recycling owners interested in learning more about Fenix’s acquisition process should email info@fenixparts.com.

Source:businesswire.com