Fenix Parts acquires New England Auto & Truck Recyclers

Fenix Parts, Hurts, Texas, a recycler and reseller of original equipment manufacturer automotive parts, has acquired the assets of New England Auto & Truck Recyclers (NEATR) in Winchendon, Massachusetts. This is the fourth acquisition Fenix Parts has completed since it was acquired by affiliates of Stellex Capital Management in 2018.

According to a news release by Fenix Parts, NEATR is a full-service automotive recycling facility servicing New England markets. The acquisition represents Fenix Parts’ first location in Massachusetts and is a key addition to its established Northeast supply chain and distribution network.

“We are thrilled to announce the acquisition of NEATR in Winchendon, Massachusetts, and are excited about the addition of its experienced and talented team to the Fenix family,” says Bill Stevens, CEO of Fenix Parts. “This acquisition expands Fenix Parts’ existing footprint in the Northeast region, adding significant production capacity and increasing our total addressable market into New England. I want to give a special welcome to the incredible team at NEATR, we sincerely look forward to working with you."