Spare Parts Exchange

What Spare Parts Exchange does

Spare Parts Exchange (SPE) Pvt Ltd is a privately-held Zimbabwean distributor of OEM and aftermarket spare parts for earthmoving machinery, trucks, and trailers. Formed in 2019 as a stand-alone parts entity within the larger Industrial Exchange Group, the company runs two physical branches—a headquarters in Harare (5A Martin Drive, Msasa) and a regional branch in Bulawayo (Cnr 16th Ave, Fife St Ext, Belmont)—and serves SMB customers in transportation/logistics, construction, and mining. Its portfolio spans six product categories: earthmoving parts (undercarriage components, hydraulic systems), truck and trailer parts (brakes, suspension, electrical), lubrication products, filters, electrical components, and accessories. Three service lines complement parts sales: Wear Track Services (undercarriage inspections), Lubrication & Coolant Testing, and Custom Hose Services. SPE also distributes partner brands including ITR, Donaldson, Fleetguard, Shacman, Foton, TruckLamp, and C&J, alongside its own SPE Lubricants brand.

The business runs on a traditional B2B distribution model: one-time parts sales, custom hose fabrication on demand, and value-added services billed per engagement. Pricing is described as 'competitive' with no published tiers; customer interaction is phone-led and branch-based. There is no proprietary technology platform, no e-commerce channel, and no disclosed digital marketing presence—operations are essentially manual and relationship-driven. Revenue is not disclosed; headcount is in the 101–250 band. SPE operates only in Zimbabwe, is privately held, and has raised no external funding rounds; ownership and operational support flow from its parent, the Industrial Exchange Group.

Name

Spare Parts Exchange

Legal name

Spare Parts Exchange Pvt Ltd

Website

https://spareparts-exchange.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

101–250 employees

Short description

Spare Parts Exchange is a Zimbabwe-based distributor of OEM and aftermarket spare parts for earthmoving machinery, trucks, and trailers, serving SMB customers in transportation, construction, and mining through branches in Harare and Bulawayo.

Ownership category

akta.pro rank

Product category

Heavy Equipment Spare Parts Distribution

NAICS

Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810)

SIC

Wholesale-Motor Vehicle Supplies & New Parts (5013), Wholesale-Motor Vehicles & Motor Vehicle Parts & Supplies (5010), Wholesale-Machinery, Equipment & Supplies (5080)

akta.pro primary industry

Industrial MRO Supplies for Vehicle/Equipment Workshops (Bearings, Hydraulics, Pneumatics, Fasteners) (TLAKAOAK)

akta.pro secondary industries

Mechanical replacement parts distribution (engine, drivetrain, steering, suspension, brakes) (CRAOANAA), Replacement Wear Parts Manufacturing (Filters/Belts/Hoses/Wipers/Spark Plugs) (IMACANAA)

Keywords

• Heavy equipment parts
• Truck trailer parts
• Earthmoving spare parts
• OEM aftermarket parts
• Undercarriage components

Headquarters

HQ city

Harare

HQ country

Zimbabwe

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Parts Sales: SPE generates revenue through the sale of OEM and aftermarket spare parts for earthmoving machinery and trucks/trailers. They stock parts for IEG dealerships as well as associated brands, offering both new parts sales and custom hose fabrication services.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Spare Parts Exchange (SPE) supplies OEM and aftermarket spare parts for trucks, trailers, and earthmoving machinery from two physical branches in Zimbabwe, stocking parts for IEG dealerships and associated Asian and European brands. In addition to parts distribution, the company offers value-added services including Wear Track undercarriage inspections, lubrication and coolant testing, and custom hose fabrication.

Product overview

Spare Parts Exchange (SPE) operates as a parts distribution company offering a unified portfolio of spare parts and services for earthmoving machinery, trucks, and trailers. The core product offering spans six main categories: Earthmoving Parts (undercarriage components, hydraulic systems), Truck & Trailer Parts (brakes, suspension, electrical systems), Lubrication Products (oils, greases, coolants), Filters (air and fuel filters), Electrical Components, and Accessories. Supporting the parts business, SPE provides three specialized services: Wear Track Services (WTS) for undercarriage inspections, Lubrication & Coolant Testing for preventative maintenance, and Custom Hose Services for hose fabrication. The company stocks both OEM and aftermarket parts, with partnerships including ITR, Shacman, Foton, Donaldson, Fleetguard, TruckLamp, and C and J, plus its own SPE Lubricants brand.

Differentiator

Problem solved

Functional benefit

Products and services

• Earthmoving Parts Diverse range of parts for earthmoving machinery including undercarriage components and hydraulic systems, designed for durability and high performance to minimize equipment downtime for construction, mining, and equipment rental operators.
• Truck & Trailer Parts Full array of OEM and aftermarket parts for trucks and trailers including brakes, suspension, and electrical systems to keep fleets roadworthy for fleet operators and individual truck owners.
• Lubrication Products Premium lubricants including oils, greases, and coolants designed to reduce wear and extend equipment life in tough conditions, for industrial and heavy equipment operators.
• Filters Durable air and fuel filters from brands such as Donaldson and Fleetguard, designed for optimal performance, efficiency, and engine protection across various equipment types.
• Electrical Components Reliable electrical components designed to meet demanding industry standards, ensuring consistent operation and safety for trucks, trailers, and heavy equipment.
• Accessories Wide selection of high-quality accessories for various machinery, enhancing utility and efficiency with tailored solutions for truck, trailer, and equipment operators.
• Wear Track Services (WTS) Routine inspections and measurements of undercarriage with detailed reports and recommendations for preventative maintenance, provided by experienced product support technicians to heavy equipment operators.
• Lubrication & Coolant Testing Testing services to identify potential issues in lubricants and coolants before they become critical, helping industrial customers take timely action and avoid equipment failures.
• Custom Hose Services Custom hose fabrication services including supply and assembly of hoses and fittings, ranging from small brake lines and fuel lines to large bitumen or concrete hoses for trucks and heavy equipment.

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Industrial Exchange GroupcoreOthersSPE is a stand-alone parts company formed within the larger Industrial Exchange Group in 2019 to better service the wider market with parts solutions. The group structure provides operational support and brand association.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Regional players

• Bell Equipment: Southern African OEM and supplier of articulated dump trucks and earthmoving equipment, with its own parts distribution in Zimbabwe and neighboring countries. Adjacent competitor for earthmoving parts and service business.
• Power Engineering Services: Harare-based distributor of Caterpillar equipment and parts in Zimbabwe. Direct domestic peer competing for the same Zimbabwe-based earthmoving equipment customer base.
• Barloworld Equipment: Authorized Caterpillar dealer for Southern Africa operating parts distribution and support across multiple countries. Larger regional incumbent offering the same core earthmoving parts distribution value proposition.

Others

• Donaldson Company: Global manufacturer of filtration products that SPE explicitly stocks under the Donaldson brand. Key supplier and brand partner—comparable in filtration product category but operates upstream as manufacturer.

Direct peers

• FleetPride: Large North American heavy-duty truck and trailer parts distributor with branch-based model serving fleet customers. Closely comparable product mix (brakes, suspension, electrical, filtration) and direct-to-customer distribution model.
• Mascor: South African dealer and parts distributor for agricultural, earthmoving, and industrial equipment. Highly comparable mid-tier regional model: multi-branch distribution of OEM and aftermarket parts plus servicing across Southern Africa.
• RDO Equipment Co. Multi-branch construction and agricultural equipment dealer-distributor with strong parts, service, and customer-support operations. Comparable branch-based heavy-equipment parts distribution model.
• Babcock (Africa): Southern Africa distributor for Caterpillar and other heavy equipment brands, with substantial parts and service operations across multiple African countries. Comparable parts-distribution-plus-workshop-service business model.

Broad incumbents

• Genuine Parts Company: Owner of NAPA Auto Parts, the largest U.S. aftermarket parts distributor. Comparable multi-brand parts distribution model serving professional and consumer vehicle markets.
• LKQ Corporation: Major global distributor of aftermarket vehicle parts and accessories across multiple geographies. Comparable broad multi-brand parts distribution model, though at vastly greater scale and with used-parts specialization.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/partsexchange
• Facebookfacebook.com/SparePartsExchange
• LinkedInlinkedin.com/company/spare-parts-exchange

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spare Parts Exchange