Bestbuy announces third new shareholder

by | Jan 11, 2021 | 0 comments

Bestbuy Distributors has announced that L.Y. Auto Parts has joined Bestbuy as a full member shareholder, the third such announcement in recent days.
Loke Yee Wong, the owner of L.Y. Auto Parts, alongside his son Justin.

Bestbuy Distributors has announced that L.Y. Auto Parts has joined Bestbuy as a full member shareholder, the third such announcement in recent days.

Loke Yee Wong, the owner of L.Y. Auto Parts, has been a part of the automotive aftermarket industry since 1995 and continues to serve his loyal customer base alongside his son Justin.

As a former RPDL member, Wong stated, “Being a shareholder in Bestbuy is like we are coming home – the way I remember it used to be with RPDL.”

L.Y. Auto Parts location is 2576 Haines Road, Mississauga, Ontario.

Bestbuy Distributors has recently also announced the addition of CANDID Auto Parts and Novalex Inc.

Thomas Chen, the owner of CANDID Auto Parts, has been a part of the automotive aftermarket industry for almost 20 years.

Chen opened the business in October 2016 and continues to serve his loyal customer base from two locations , one in Oakville and a second in Streetsville, Ontario.

Chen stated, “The open dialogue and support, combined with the impressive program Bestbuy has to offer, is what we need to continue growing our business.”

CANDID’s two locations are 2512 Bristol Circle, Oakville, Ontario and 12 Falconer Drive, Unit 12, Mississauga, Ontario.

Edison Hu, the owner of Novalex Inc., is an established part store owner who has been serving the automotive aftermarket with locations in Burlington and Milton, Ontario, for over ten years.

Andy Murphy, Vice President, Sales & Marketing at Bestbuy, stated, “We look forward to working with Edison and his team. They will be a great addition to the Bestbuy family of shareholders”.

Novalex’s head office location is 975 Fraser Drive, Burlington, Ontario.

Visit Bestbuy Distributors

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *