Fenix Parts, Stellex backed, to acquire the assets of Cox Truck and Van.

Fenix Parts, a leading recycler and reseller of original equipment manufacturer automotive products, backed by Stellex, a private equity company, has agreed to acquire the assets of Cox Truck and Van, a full service auto recycling facility provider. Financial terms were not disclosed. “We are pleased to announce this agreement with CTV. We look forward to welcoming CTV to Fenix Parts and are excited to work with this highly talented team. CTV is a high-quality auto recycler whose strategic locations will allow us to expand our distribution, dismantling, warehouse and yard capacity in the Southeast region. Their strong leadership and company culture are an excellent fit for Fenix Parts." Bill Stevens, Fenix Parts CEO.