AP Wagner Inc. Acquires Jacoby Appliances Parts

Effective March 18, 2008, AP Wagner Inc. has acquired the assets of Jacoby Appliance Parts, headquartered in Hackensack N.J.

Jacoby Appliance Parts is a well-established appliance parts distributor that serves the wholesale and retail trade with five branch locations in , two in New York, and one in Delaware. This acquisition expands AP Wagner’s presence into the key New York City/New Jersey markets.

“With our recent purchase of Jacoby Appliance Parts, AP Wagner continues to solidify its position as one of the leading appliance parts suppliers in the United States,” Rick Essex, CEO of AP Wagner said. “We will continue to provide the excellent services that Jacoby has offered its customers for half a century, while implementing our own premier customer service model.”

“AP Wagner has set new standards for customer service in the appliance parts distribution industry,” said Elliot Jacoby, principal owner and CEO of Jacoby Appliance Parts. “I am proud that our long standing successful family business has become part of such a fine organization.”

Jacoby Appliance Parts has supplied factory authorized parts and accessories for all major brands of home appliances for over 50 years. The company has 50 employees.

Founded in 1928, AP Wagner is one of North America’s largest multi-national distributors of appliance parts and accessories. The company also provides a fully outsourced parts department solution to over 400 retailers. With the Jacoby Acquisition, AP Wagner now has over 300,000 square feet of combined warehousing space, serving the wholesale, retail, mass merchant, and consumer segments with 300 employees, 23 branch locations, three distribution hubs, and four call center operations in the U.S. and Canada. AP Wagner is owned by AP Wagner management and Albright Capital Partners LLC.

For More Information:
Christine Smith
Marketing Communications Coordinator
AP Wagner

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