Icahn Enterprises L.P. (Icahn Enterprises) is a diversified holding company. The Company owns subsidiaries, which are engaged in Investment, Automotive, Gaming, Railcar, Food Packaging, Metals, Real Estate and Home Fashion. The Company owns a 99% limited partner interest in Icahn Enterprises Holdings L.P. (Icahn Enterprises Holdings). All of its assets and liabilities are owned through Icahn Enterprises Holdings and all of its operations are conducted through Icahn Enterprises Holdings and its subsidiaries. Icahn Enterprises G.P. Inc. (Icahn Enterprises GP), the Company’s sole general partner, owns a 1% general partnership interest in both Icahn Enterprises Holdings and Icahn Enterprises. During the year ended December 31, 2011, the Company acquired additional shares of common stock of Federal-Mogul Corporation and owned approximately 77.2% of the common stock of Federal-Mogul as of December 31, 2011.
Precision Auto Care is an automotive company that provides car owners with a one-stop shop for factory scheduled fluid maintenance services and auto repairs for cars, SUVs, Minivans, and hybrid vehicles. Precision Auto Care offers its users with engine diagnostic and repair, air conditioning, emission repairing, shocks and struts, brakes, and tires and alignment services. The company is headquartered in the United States and it was founded in 1976.
Federal-Mogul Corporation is an innovative and diversified $7.4 billion global supplier of quality products, trusted brands and creative solutions to manufacturers of automotive, light commercial, heavy-duty and off-highway vehicles, as well as in power generation, aerospace, marine, rail and industrial. Federal-Mogul operates with two business divisions, each with a chief executive officer reporting to Federal-Mogul’s Board of Directors. Federal-Mogul Powertrain focuses on original equipment powertrain products for automotive, heavy-duty and industrial applications; Federal-Mogul Motorparts sells and distributes a broad portfolio of products in the global vehicle aftermarket, while also serving original equipment (OE/OES) manufacturers with vehicle products including brake friction, chassis, wipers and other components. For more than a century, Federal-Mogul has developed the innovative products their customers need to produce the next generation of vehicles. The company continues to develop innovations to improve fuel economy, reduce emissions and enhance durability through global engineering, manufacturing, distribution and customer service programs. Federal-Mogul is the preferred partner for its global customers.
Pep Boys is an automotive aftermarket chain and retailer that offers quality auto repair and car parts. The 1980s brought an aggressive expansion program in the company’s history. To raise capital, Pep Boys split its stock 3-for-1 and moved to the New York Stock Exchange in 1982. This strategy enabled rapid growth and brought about the birth of the automotive supercenter. This concept boosted Pep Boys to more than 700 stores, almost 3,600 service bays and more than $2 billion in annual sales. Pep Boys The Road Ahead Pep Boys continued its expansion in the 1990s, including to Puerto Rico. As the automotive aftermarket need has shifted over time from a majority of auto parts customers who identify as “Do it Yourselfers” to an increasing number of customers who prefer service centers to take care of their automotive maintenance and repair, Pep Boys has expanded its service business. Today Pep Boys provides service for more than six million cars and car owners each year. More than 23 million rewards members have signed up for special offers in stores. Since 2009, Pep Boys has focused on the development of service and tire centers within its existing markets as its primary growth strategy. Today the company operates more than 7,400 service bays in nearly 800 stores nationwide. At the same time, in some of its traditional supercenters, the company has expanded to include speed shops within its retail stores, which cater to the growing number of car enthusiasts who have fun working on performance cars, like hot rods, muscle cars, and off-road trucks. In 2012, Pep Boys created a new service and retail customer experience, which it refers to as The Road Ahead. Similar to the experience found at some high-end car dealerships, new Pep Boys stores feature customer lounges with amenities such as complimentary Wi-Fi and flat screen TV's near its full-service maintenance and repair shops, as well as a diverse retail product assortment in the automotive aftermarket. With almost 20,000 friendly and knowledgeable associates living the legacy of Manny, Moe, and Jack, Pep Boys’ vision is to be the best place to shop and care for cars.
Lyft is a transportation company that designs, markets, and operates a mobile application connecting drivers with passengers who request rides. The app also facilitates payment. Additionally, it allows riders to schedule rides up to seven days in advance. Lyft primarily focuses its services on college, university, and corporate communities.
Uni-Select USA
Acquisition in 2015
Uni-Select USA, Inc. distributes automotive parts for domestic and imported vehicles in the United States. It operates a network of warehouses; and stores, including parts stores in the United States to serve installers.
PSC Metals INC. engages in processing and recycling ferrous and non-ferrous scrap metals in Ohio, Western Pennsylvania, Tennessee, and Missouri. It buys ferrous scrap; demolition scrap; non-ferrous scrap, including aluminum, copper, brass, lead, catalytic converters, stainless steel, and zinc and zinc alloys; electronics; and commercial/industrial scrap.
NEG Holding
Acquisition in 2005
NEG Holding provides exploration and production of oil and gas.
Panaco Inc. operates as an independent oil and gas exploration and production company with operations focused primarily offshore in the Gulf of Mexico and onshore in the Gulf Coast Region. Panaco Inc. specializes in using 3-D seismic and advanced drilling and completion technology to recover reserves that were bypassed or previously overlooked.
Transtexas Gas
Acquisition in 2005
TransTexas Gas Corporation engages in the exploration for, and development and production of natural gas and condensate, primarily along the Upper Texas Gulf Coast.
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