Omega Holdings acquires automotive aftermarket business of Wells
The acquisition expands Omega Holdings’ capabilities in the vehicle electronics category. Following the transaction, the acquired aftermarket business will continue to operate as a standalone business under the Omega Holdings group.
Omega Holdings, a US-based distributor within the automotive aftermarket, has announced the acquisition of the automotive aftermarket electronic components business of Wells Vehicle Electronics, a leading global source of advanced vehicle electronics solutions. The acquisition expands Omega Holdings’ capabilities in the vehicle electronics category, according to a media release.
“We are excited to welcome the Wells Vehicle Electronics aftermarket business to Omega Holdings,” said Randy Rankin, CEO of Omega Holdings. “Their strong portfolio of sensors and vehicle electronics complements our existing aftermarket businesses and further strengthens our position in the automotive aftermarket.”
Integrating the acquired business from Wells Vehicle Electronics into Omega Holdings enhances time in transit, fill rates, competitive pricing, and quality assurances across all brands.
Following the transaction, the acquired aftermarket business will continue to operate as a standalone business under the Omega Holdings group, the media release said.
