PT Holdings LLC, the parent company of Parts Town, a leader in foodservice equipment parts distribution, has acquired European parts distribution leader the REPA Group. The acquisition will strengthen the company’s global parts distribution capabilities. Financial terms were not disclosed.
Steve Snower, chief executive of Addison, IL-based PT Holdings, will lead the combined organization. Alexander Wiegand, REPA's chief executive, will continue to lead the company's European operation.
The new organization is expected have significant operations in the U.S., Canada, Germany, France, Italy, the UK, Spain and other areas of the world.
The REPA Group joins the parts distribution arm of PT Holdings which also has the PT Holdings Service Group and the Red Lightning Group, which is focused solely on innovation and technology to support the foodservice industry.
