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Friday, 27 March 2015 00:00

1-800EveryRim OEM Wheels Acquisition of Capital Wheels & Auto Salvage in CA

An acquisition agreement has been consummated in California by longtime friends and competitors Norman Huniu of Capital Wheels & Auto Salvage and Billy Eordekian of 1-800EveryRim – OEM Wheels.

1-800EveryRim formally took over the 60-year-old company on March 23.

“This is fantastic for Capital customers because of the impeccable service that my old friend Billy’s company has always provided,” said Huniu who went on to say, “I have worked hard running the family business since 1982 and it has gone into the right hands. I plan on playing, traveling and vacationing with my beautiful wife Julie along with family and friends. But, the first thing I am going to do is grab a beach chair, an umbrella, a large iced green tea, and watch the waves crash on the beach.”

Eordekian commented, “This is not like Carnegie steel selling out to J.P Morgan but for us in the specialized world of used and reconditioned OEM wheels it is huge, or at least for us it is! The best thing about this deal is that we have added more stock wheel pros to our staff making a total 24 great people. Maybe it will be 25 if my pal Norm gets bored with retirement!”

1-800EveryRim operates out of a 30,000 square foot warehouse in Pico Rivera, CA. (Los Angeles) and has been in business since 2007. Prior to that, Eordekian had founded USED RIM, Inc. in 1987 which he later sold.

For more information, visit www.1-800EveryRim.com.

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