Replacement Parts

PULL-A-PART ACQUIRES THE DAVID J. JOSEPH COMPANY’S U-PULL-&-PAY DIVISION

Acquisition Provides 11 New Areas to Pull-A-Half’s U.S. Portfolio and Will Assist the Trade Main Automotive Recycler Present Even Extra Clients With Self-Service Used Auto Elements

ATLANTA, Aug. 29, 2022 /PRNewswire/ —  Pull-A-Half, an industry-leading automotive recycler, and operator of 25 do-it-yourself (DIY) used auto elements retail shops and salvage yards, at this time introduced it has acquired U-Pull-&-Pay (UPAP), a wholly-owned subsidiary of The David J. Joseph Firm (DJJ) and a part of the Nucor household of metal and metal merchandise firms.

That is the biggest acquisition in Pull-A-Half’s historical past and an acknowledgement of the corporate’s dedication to development and enlargement within the U.S. By means of this acquisition, Pull-A-Half will add 11 places within the U.S., together with its first places in Colorado, Florida, New Mexico, and Pennsylvania. Pull-A-Half will now function 36 places in 16 states nationwide.

“The acquisition of DJJ’s U-Pull-&-Pay enterprise unit is a big milestone within the development of our enterprise,” says Ross Kogon, CEO of Pull-A-Half. “U-Pull-&-Pay has operated their shops with the identical dedication to security, the setting, its prospects, and the communities it serves which have helped us succeed, and we’re excited so as to add their group to the Pull-A-Half household.”

Pull-A-Half intends to proceed to function U-Pull-&-Pay shops as a separate model within the markets it serves and can keep the identical dedication to its prospects and communities, and can proceed to function the most secure, cleanest, and most environmentally pleasant services within the {industry}.

“Whereas it was a troublesome resolution to promote our U-Pull-&-Pay division, we imagine the location of the enterprise with Pull-A-Half affords our teammates an ideal alternative to proceed rising their careers within the self-serve auto elements enterprise with an {industry} chief,” says Doug Jellison, Nucor Govt Vice President Uncooked Supplies. “We wish to thank our U-Pull &-Pay teammates for his or her dedication to constructing a profitable and secure enterprise, and we want them a lot success as they proceed their careers beneath Pull-A-Half’s possession.”

Rockefeller Capital Administration acted as unique monetary advisor to Pull-A-Half on the transaction. Arnall Golden Gregory LLP served as authorized advisor on the transaction. The phrases of the Pull-A-Half acquisition of U-Pull-&-Pay (UPAP) aren’t disclosed.

For extra data on Pull-A-Half, please go to www.pullapart.com. For extra data on U-Pull-&-Pay, please go to www.upullandpay.com.

ABOUT PULL-A-PART

Pull-A-Half is an {industry} main automotive recycler and do-it-yourself (DIY) used auto elements retailer headquartered in Atlanta, Georgia. Pull-A-Half opened its first shops in 1997 and at this time operates 25 self-service used auto elements retail places and automotive recycling services in 12 states nationwide. Pull-A-Half purchases end-of-life automobiles (ELVs) from shoppers and different sources which turn into stock for its self-service used auto elements shops and in the end uncooked supplies the corporate processes for recycling at its services. Pull-A-Half additionally sells used automobiles at 23 places within the U.S. The corporate actively serves the communities it operates in, supporting the folks, tasks, and causes making a distinction on the native stage. For extra data on Pull-A-Half, please go to www.pullapart.com.

ABOUT U-PULL-&-PAY

U-Pull-&-Pay is a completely owned subsidiary of the David J. Joseph Firm (DJJ), and a part of the Nucor household of metal and metal merchandise firms. Since 1885, DJJ has been an {industry} chief in secure and sustainable scrap processing and recycling. U-Pull-&-Pay is proud to be a part of this recycling course of. As a self-service retail used auto elements recycler, U-Pull-&-Pay purchases end-of-life automobiles and affords its prospects high-quality car elements at a fraction of the retail value. What stays of the automobiles are securely and cleanly shipped to a separate location the place they’re recycled into the metal that retains America transferring. As an {industry} chief in self-serve used auto elements, U-Pull-&-Pay is devoted to serving our prospects and communities whereas working the most secure, cleanest, and most environmentally pleasant services. For extra data on U-Pull-&-Pay, please go to www.upullandpay.com.

Contact: Derick Corbett, [email protected]

SOURCE Pull-A-Half

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