Marubeni Corporation (hereinafter, “Marubeni”) hereby announces that XL Parts LLC (hereinafter, “XLP”), which provides B2B automotive aftermarket parts distribution services mainly in Texas, has acquired the assets of Circle Distributing, Inc. (hereinafter, “CD”) on April 4, 2022.

CD has been a reliable supplier of automotive aftermarket parts for about 40 years, with a total of three locations in Indiana. Through acquiring CD, XLP aims to advance into the potential market of Indiana where demand for automotive parts is expected to increase due to the growth of registered cars as the population grows, as well as to expand their locations and delivery network in not only Indiana but also major cities in nearby states.

Since investing in XLP, which operates its 113 locations primarily in Texas in 2015, Marubeni has been increasing and strengthening its network by acquiring 9 more companies in the south of the United States, including TPH Holdings, LLC (hereinafter, “TPH”), which operates its 80 locations primarily in Florida in 2017, and opening new locations. As a result of acquiring CD, the number of locations of XLP and TPH has increased to 196 in total.

Marubeni aims to further expand its business scale through XLP and TPH with its strength in a wide range of assortments and instant delivery.

About CD
Company Name	:	Circle Distributing, Inc.
Location	:	Indianapolis, Indiana
Established	:	1983
Representative	:	Todd Cloud
Main Business Activities	:	Automotive aftermarket parts distribution
No. of locations	:	3
About XLP
Company Name	:	XL Parts LLC
Location	:	Houston, Texas
Established	:	1984 (Established as XLP predecessor, U.S. Parts)
Representative	:	Mike Odell
Main Business Activities	:	Automotive aftermarket parts distribution
No. of locations	:	113
About TPH
Company Name	:	TPH Holdings, LLC
Location	:	Jacksonville, Florida
Established	:	1970 (Established as TPH predecessor, The Parts House, Inc.)
Representative	:	David Honig
Main Business Activities	:	Automotive aftermarket parts distribution
No. of locations	:	80