IFA TO JOIN ADI BOARD OF DIRECTORS

The IFA has announced that it has secured a position on the main board of directors of Automotive Distribution International (ADI), one of the ‘big four’ international trading groups.

Although the IFA has been a member of the larger group since November 2012, this will be the first time that it has sat at the boardroom table.

Steve Parker, the IFA General Manager said of the move: “It secures our relationship with ADI, but it also puts us at the table when any future key decisions are made”.

Parker added that the past few years have seen the parent trading group grow from strength to strength, increasing the membership all across Europe, as well as securing a major agreement with one of the biggest American groups to jointly form “1parts” in 2015. ADI and 1parts are now said to have a combined annual turnover in excess of $17bn

“It is essential for the future of anyone wishing to play a part in the future of the UK’s aftermarket supply chain, to be in control of what’s happening. Especially when there is so much uncertainty around currently with trading with Europe” concluded Parker.

This post was written by:

- who has written 143 posts on CAT Magazine.

Editor of CAT Magazine and an experienced motoring journalist

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