CarParts.com Inc. (PRTS) said it agreed to acquire all Precise Fuel Delivery Systems inventory from Premium Guard, a global automotive aftermarket supplier. Terms of the acquisition were not disclosed and the financial impact to CarParts.com is not material.
The transaction is expected to close during CarParts.com's first quarter of fiscal year 2021.
CarParts.com noted that the transaction will accelerate its growth in the $300 billion auto parts market and significantly expand its mechanical parts offerings.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.