MRP ACQUIRES CPI SCOOTERS

Martin Racing Performance, a purveyor of replacement and performance parts for scooters, ATVs and go-karts, has purchased three 53-foot containers filled with parts from the recently shuttered CPI warehouse in Dallas.

CPI is a Taiwanese scooter manufacturer. MRP is dedicated solely to wholesale parts distribution and does not sell consumer-direct. MRP owner Joel Martin says his company supplies product to more than 700 retailers in the United States.

"MRP saw this as a great opportunity to expand our dealer base and to capture more of the OEM parts business," Martin says. "Over the years CPI sold over 12,000 units branded under the MuZ brand until 2003. under JAG Powersports, and eventually as CPI starting in 2005."

Martin says he believes CPI will concentrate on selling vehicles direct to distributors and U.S. dealers. Calls to CPI were met with a recording that suggested callers contact MRP.

All the CPI parts have been moved to MRP's facility in Miami, Fla. "Dealers can expect to see them on our website starting in July," Martin says.

MRP earlier this year acquired parts from the now-closed QJ - Keeway warehouse and product from the defunct Diamo USA/LS Motorsports. The company also has OEM parts for Malaguti, MH, RX, Loncin, Lifan, Linhai, Zonshen, MS UTVs, and distributes aftermarket parts from Athena, Malossi, Turbo Kit, Innova, Vee Rubber, Namura, Scooter Ninja, Slipstreamer and MRP's house brand.

Plus, in May, MRP signed a deal to have Motovan Corporation serve as its product distributor in Canada. The distribution agreement expanded MRP's reach to more than 2,500 Motovan-supplied dealers in Canada.

Martin says he expects to continue purchasing parts from scooter, ATV and go-kart suppliers experiencing financially difficulties. "The goal is to continue to consolidate parts from those brands at MRP," Martin tells Dealernews. "I'm not a rich guy — I'm not going to drop $500,000 on a load of parts. But, if someone is selling $500,000 worth of parts for $150,000, that's an offer too good to pass up.

"Look for more deals to happen in the future."

Visit www.MRP-SPEED.com for more information.

—Submitted by Guido Ebert
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