Icahn Automotive Group LLC has purchased B.S.& F. Auto Parts Inc. in New York City from Joe Ferrer.
Icahn has named Ferrer regional vice president of commercial in the New York City metropolitan area. He began his new duties on Nov. 29, 2017.
Ferrer’s father, Nick, founded B.S.& F. Auto Parts in 1980. Ferrer began working for his father’s business at age 11.
Located in the Bronx, B.S.& F. Auto Parts has a 10,000-square-foot warehouse.
In a statement, Icahn Automotive Group said:
“With Joe Ferrer’s drive and passion for being unsurpassed in customer service and parts availability, Pep Boys, Auto Plus, and BS&F have an excellent opportunity to drive commercial growth in the region.”
Icahn Automotive Group consists of Pep Boys, an automotive aftermarket retail and service chain, and Auto Plus, an automotive aftermarket parts distributor.
Icahn has made several acquisitions in 2017 to expand its national network. For a rundown on the most recent purchases, see:
"Carl Icahn Now Operates 1,900 Automotive Service Locations in the U.S."
"Carl Icahn Makes an Acquisition in Connecticut"
"Icahn Scoops Up 15 Tire Stores in Arizona"
"Pep Boys Closes a Deal In San Francisco, and Looks for More"
"Carl Icahn Strikes Again, and Now Owns More Than 1,000 Stores"
"Icahn and Pep Boys Look to Make a Big Statement in Detroit"
