MEMPHIS, Tenn., Dec. 19 /PRNewswire/ -- AutoZone, Inc. (NYSE: AZO), the
nation's largest auto parts retailer, today announced it has sold the business
of TruckPro, its heavy-duty truck parts subsidiary, to a group of investors
led by Paratus Capital Management of Boston and New York.
"We made a decision to sell TruckPro earlier this year primarily to allow
us to focus on our core business. They have a good team in place and everyone
at AutoZone wishes them continued success," said Steve Odland, Chairman,
President and CEO of AutoZone.
About AutoZone
AutoZone sells auto and light truck parts, chemicals and accessories
through more than 3000 AutoZone stores in 44 states plus the District of
Columbia in the U.S. and 22 AutoZone stores in Mexico, and automotive
diagnostic and repair software through ALLDATA, diagnostic and repair
information through alldatadiy.com, and auto and light truck parts through
AutoZone.com. AutoZone stock is traded on the New York Stock Exchange and is
included in the Standard & Poor's 500 Index.
SOURCE AutoZone, Inc.
CONTACT: media, Ray Pohlman, +1-901-495-7962, or
ray.pohlman@autozone.com, or financial, Emma Jo Kauffman, +1-901-495-7005,
emma.jo.kauffman@autozone.com, both of AutoZone, Inc./