Keystone Automotive Continues Acquisitions
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Collision-repair parts distributor Keystone Automotive Industries Inc. of Pomona announced the acquisition of two small auto parts companies, the latest in several acquisitions meant to boost its distribution network nationwide. Keystone, whose five other recent acquisitions pushed revenue up 24% to $194 million in the 12 months ended March 28, said it will buy U.S. Plating Co. and Alloy Wheel Service Inc. for undisclosed sums. Tampa, Fla.-based U.S. Plating sells new and recycled bumpers. Alloy Wheel, which remanufactures alloy wheels, has facilities in Minneapolis and Chicago.
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