Tag Archive | "autostores"

ALLIANCE AUTOMOTIVE UK ACQUIRES ASMF

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ALLIANCE AUTOMOTIVE UK ACQUIRES ASMF


Alliance Automotive UK, the parent company of GroupAuto and UAN buying groups has acquired the seven-branch Autostores Motor Factors chain (ASMF). Terms of the deal have not been disclosed. 

Originally known as Sureparts and Panels and Paints, ASMF was a member of the PDP Group and PDP Chairman Alistair Whatmore was Managing Director. 

READ: JIM MAZZA JOINS THE PDP

ASMF is Alliance Automotive UK’s 12th acquisition of 2019, although it is the first this year to have been obtained from outside of the firm’s own buying groups. 

READ: AUTOSTORES GROUP ACQUIRES BARUM

This deal brings the total number of branches to be added to AAUK’s portfolio this year to 26, with a combined annual turnover in the region of £40m. 

We’ll bring you more info on this story as we get it. 

 

Posted in Factor & Supplier News, Garage News, Latest News, News, special newsComments (0)

AUTOSTORES GROUP ACQUIRES BARUM AUTOPARTS

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AUTOSTORES GROUP ACQUIRES BARUM AUTOPARTS


Barum barnstableSouth-West based factor chain Barum Autoparts has been acquired by the Autostores Group. Terms of the deal have not been disclosed.

The six-branch chain was started in Barnstable in 1990 by David Payne and David Knight. A previous nominee for the Factor of the Year CAT Award, the group also includes  Mike Best Auto Components in St. Austell.

Confirming the acquisition, Autostores MD Alastair Whatmore  said: “This will be a positive addition to our own company and we are looking forward to working with the Barum team, customers and suppliers in the future”.

Whatmore also noted that the acquisition would be a ‘welcome addition’ to the Parts Distribution Partnership (PDP) buying group, which he also chairs. The PDP had been seeking new members since the departure of Pat Williams, Partservice and others earlier in the year.

 

 

Posted in Factor & Supplier News, Latest News, NewsComments (0)

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