In 1998, Advance Auto Parts purchased Worldpac, a leading supplier of automotive parts and products, in an effort to expand its product offerings and geographic reach. Worldpac operates as a subsidiary of Advance Auto Parts and maintains a large inventory of automotive parts and products, which it distributes to Advance Auto Parts stores and customers.
Advance Auto Parts is one of the largest automotive aftermarket parts retailers in the United States. The company operates over 5,000 stores across the United States, Puerto Rico, the Virgin Islands, and Canada. In addition to retail stores, Advance Auto Parts also operates commercial programs, e-commerce sites, and a professional installer network.
Worldpac is a leading supplier of automotive parts and products with over 60 years of experience in the industry. The company operates over 170 distribution centers across the United States, Canada, Mexico, Europe, Asia Pacific, and South America. Worldpac supplies automotive parts and products to over 40,000 customers globally.
No definitive answer can be given as to whether or not Worldpac owns Advance Auto Parts. While Advance Auto Parts does operate Worldpac as a subsidiary, it is unclear if Worldpac is fully owned by Advance Auto Parts or if there are other shareholders involved.