Tag Archive | "ECP"

BREAKING: NINE AP BRANCHES MUST BE SOLD TO ‘PURCHASER APPROVED BY CMA’

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BREAKING: NINE AP BRANCHES MUST BE SOLD TO ‘PURCHASER APPROVED BY CMA’


In a statement released by the Competition and Markets Authority (CMA), Euro Car Parts must now ‘sell a depot in each of these areas to a purchaser approved by CMA, so that customers don’t lose out’.

ECP bought most of the Andrew Page business in October 2016, after the latter went into administration.

A group of independent CMA panel members identified nine areas in England where the both companies were close competitors and where the merger could ‘significantly reduce competition’ for local customers.

The group did not consider that larger national or multi-regional customers would be adversely affected by the merger.

Professor Alasdair Smith, Inquiry Chair, said: “Following an in-depth investigation, we have found that this merger has the potential to drive up prices or reduce levels of service for customers in 9 local areas. That’s why we are requiring a depot in each area to be sold to a buyer approved by the CMA”.

“Outside of these areas, we did not find that the merger will further reduce competition compared to what would have happened if Euro Car Parts had not purchased Andrew Page”.

The nine affected areas are: Blackpool, Brighton, Gloucester, Liphook, Scunthorpe, Sunderland, Wakefield, Worthing and York. Swindon had also been identified during the provisional findings stage, but new evidence came to light which resulted in the group deciding that competition would not be affected in this area.

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BREAKING: ECP/ANDREW PAGE CMA FINAL REPORT PUBLISHED

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BREAKING: ECP/ANDREW PAGE CMA FINAL REPORT PUBLISHED


Breaking news: CMA has published its final report on the ECP takeover of Andrew Page.

You can read the full report here

Statement from ECP“Euro Car Parts welcomes today’s decision by the Competition & Markets Authority (CMA) to give approval to its proposed acquisition of Andrew Page, subject to the divestment of nine branches*. 

Euro Car Parts bought most of the Andrew Page business in October 2016, after the company went into administration. Euro Car Parts supports the CMA’s conclusion that “The group did not consider that larger national or multi-regional customers would be adversely affected by the merger”. 

Sukhpal Singh, Chairman of LKQ UK & ROI, commented “We are genuinely thrilled the future of the Andrew Page business has been secured, which celebrates its UK centenary this year. We remain committed to assuring that the Andrew Page ‘brand’ continues to thrive and remains separate from Euro Car Parts, but will benefit from our UK infrastructure, inventory and the financial support from the LKQ Corporation. 

“We very much hope that customers of Andrew Page will continue to support the business, and we will partner with them to ensure that the company’s proposition continues to meet their current and future requirements in the way they have come to rely upon and cherish. 

“I would like to thank all Andrew Page colleagues for their professionalism, with total focus on serving their customers during a challenging time. We wish to reassure them that we are committed not just to retaining them but to investing in their long-term progression and development.” 

Martin Gray, CEO of Euro Car Parts, stated: “Euro Car Parts will continue to work with the CMA to bring this process to a conclusion and will update as appropriate.  We are delighted that approval has been clarified. This will provide welcome direction and confirmation for our customers, employees, suppliers and shareholders.” 

*The 9 branches are: Blackpool, Brighton, Gloucester, Liphook, Scunthorpe, Sunderland, Wakefield, Worthing and York. Swindon had also been identified during the provisional findings stage, but new evidence came to light which resulted in the group deciding that competition would not be affected in this area.”

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SUKHPAL AND LKQ: ‘SIGNIFICANT INVESTMENT’ IN HGV FACTOR CHAIN

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SUKHPAL AND LKQ: ‘SIGNIFICANT INVESTMENT’ IN HGV FACTOR CHAIN


Truck part supplier Digraph Transport Supplies has been acquired in a joint deal between LKQ Corporation and Sukhpal Singh Ahluwalia. Terms of the deal have not been disclosed.

The move is significant as it marks the first time that both the founder of Euro Car Parts and the corporation that now own it have embarked on a deal as joint investors.

14-branch Digraph will retain all current employees and James Rawson will remain as MD. Rawson has also made an investment in the business.

CAT spoke briefly to Sukhpal to confirm the deal had taken place. He said that the ‘fragmented’ state of the HGV parts market lead it to being an area considered for expansion into for some time and that Digraph was the best fit in terms of matching ECPs ‘sales and customer service ethic’.

In a statement to his team, James Rawson said: “This investment will enable Digraph to access to the resources we need to grow the business and implement our expansion plans. We will work closely with ECP to enhance customer service levels. I am thrilled to be working with Sukhpal and taking up the challenge of extending the Digraph service to customers throughout the UK.”

In related news, Sukhpal has extended his three-year contract with ECP, retaining his position as Executive Chairman.

 

 

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ECP IN FRESH ASA RAP OVER ‘MISLEADING’ CAMPAIGN

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ECP IN FRESH ASA RAP OVER ‘MISLEADING’ CAMPAIGN


ECP’s email marketing attracts ASA ruling

A promotional email sent out by Euro Car Parts last Christmas has been found to be ‘misleading’ by the advertising watchdog in a ruling published today (June 21).

An email was sent with the text: “Up to 69 percent off. Use code: XMAS”. However, three complainants who believed only one product had the full 69 percent discount, challenged whether the ad was misleading.

In response, ECP said that 10,378 products in the promotion received a discount of 69% or more and that this amounted to 11% of the total promoted stock. They explained that each product had a ‘Was’ price which was the price that Euro Car Parts regarded as their normal retail price for the product, and which had previously been charged either online or in stores. There was also a ‘Now’ price which was the price available to customers on that day without using the promotional code. They provided price history data for ten randomly selected products. They said the individual discount available on each featured product was revealed when the consumer used the ‘XMAS’ discount code at the checkout.

The ASA ruled against ECP. “We noted the discount applied to a price that had previously been charged either online or in stores, and that, when the discount was worked out against the price which was available to customers on that day without using the promotional code, the discount consumers actually received was significantly lower than the one being advertised. For example, a washer that had previously been sold at £0.38, and on that day was being sold for £0.12, was reduced to £0.08 once the code was entered. The advertised discount for that product was 79%, whereas the discount against the price on the day was 33%”.

The ASA told ECP ‘to ensure they did not exaggerate the savings available when making “up to” claims and to ensure that consumers were provided with information about the discount available on specific products on the relevant product pages’ and the promotion can’t run again in the same form.

This latest ruling is the third brush with the ASA that ECP has had in just over a month. Previously, the company were found to have another ‘misleading’ email promotion over the price of oil, but were cleared over a separate complaint on a separate TV commercial.

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ARLEIGH INTERNATIONAL ACQUIRES A.S.A.P SUPPLIES

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ARLEIGH INTERNATIONAL ACQUIRES A.S.A.P SUPPLIES


Arleigh International Ltd, a Euro Car Parts company, announced today the acquisition of marine distribution specialist A.S.A.P. Supplies Ltd. Based in Suffolk, A.S.A.P. is one of the UK’s largest stockists of marine equipment and spare parts.

Established in 1989, A.S.A.P. provides a huge breadth of marine products for customers’ maintenance, repair and overhaul projects. A.S.A.P.’s offerings are supported by a highly-skilled customer service team that provide guidance across its vast product mix of more than 70 trusted brands.

Arleigh International was itself acquired by ECP in August last year along with the Nova Leisure and Midland Chandlers brands. The brands are among the largest in the touring and leisure boating sectors.

Martin Gray, CEO of Euro Car Parts, said: “A.S.A.P Supplies is a complementary fit with Arleigh and is a further enhancement of Euro Car Parts’ Specialist Products Division. This agreement further cements Arleigh as the market-leading distributor of products to the UK caravan, leisure and marine markets.

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ECP CLEARED OVER TV ADVERT

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ECP CLEARED OVER TV ADVERT


Six complainants went to the Advertising Standards Authority to challenge whether a TV advert for Euro Car Parts promoted reckless and dangerous driving.

The adverts featured a woman driving through a country lane. The camera shot to the woman adjusting the volume on the car stereo, and then switching gears while speeding up. The camera then shot to the woman pressing firmly on her brake pad and stopping suddenly to avoid hitting sheep in the road. A voice over thanked her local technician for replacing her brake pads earlier and so avoiding her hitting the animal.

In response, ECP quoted the Highway Code to prove that the subject was not driving outside of and said that the words ‘fast and efficient service’ used in the voice over did not refer to the subject’s car.

The ASA noted the points and did not find the advert in breach, so no further action was necessary.

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ECP ACQUIRES IRELAND-BASED TEAM P R REILLY AND KARKRAFT

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ECP ACQUIRES IRELAND-BASED TEAM P R REILLY AND KARKRAFT


Factor giant Euro Car Parts has acquired the business of Team P R Reilly, a Dublin-based car parts, accessories and bodyshop business  as well as Karkraft (N.I.) Ltd  a paint and collision repair supply specialist. The deal expands ECPs operations across Ireland, following the acquisition of distributor Hella Ireland.

Terms of the deal were not disclosed, although the new owner announced that the 150 employees affected by the deal ‘will benefit from professional opportunities and training across LKQ Corporation’s global platform”. The senior management team from P R Reilly will remain in place.

Martin Gray, CEO of ECP said: “A strong track record, significant market expertise and a cultural approach so like our own, meant that the opportunity to work alongside (P R Reilly Owner) Norbert Reilly and the senior management team at Team P R Reilly was not to be missed. We immediately felt that we had the same goal in mind: to deliver exceptional customer service, keep the independent aftermarket competitive and support the industry in developing its own profile. Over the coming months, we will share best practices and take advantage of the opportunities to learn from one another across market sectors and distribution channels.”

Gray continued: “We are particularly excited about leveraging our global sourcing network to equip our customer partners with unparalleled choice of mechanical and collision parts, paint and specialist equipment.”

UK Chairman and LKQ Board Member, Sukhpal Singh Ahluwalia, added: “I’m delighted to welcome Team P R Reilly colleagues to the family and the next stage of the incredible Euro Car Parts journey. Team P R Reilly has a heritage stretching back more than 75 years and we have a duty to our customers, partners, employees and suppliers to ensure that we build relationships that will lead to sustainable and considerable growth. Everyone has a part to play in our ambitious growth plans and I look forward to working with the senior team to support their strategic direction and leadership.”

 

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ECP LAUNCH TRADE-ONLY WEBSITE

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ECP LAUNCH TRADE-ONLY WEBSITE


Euro Car Parts has opened a trade-only website that will run in addition to the consumer site.

The new property, known as Omnipart, will feature a VIN search as well as the regular registration and make/model searches. The entire ECP catalogue is available including mechanical and collision parts, tools and workshop consumables, with each product identified by a photograph.

 

Another feature allows technicians to see both local and national stock levels, as well as price checks, in real time so that garages can have an indication of how long it will take for a part to be delivered.

Martin Gray, CEO of Euro Car Parts, commented: “We developed Omnipart as a key driver in our commitment to making life even easier for technicians working in the independent sector. With 24/7 access to ordering, instant updates on parts availability and smart search technology, garages can make sure the parts they need are included in the first order of the day. Ordering online also reduces the cost of outbound calls, keeping phones clear for a garage’s own customers.”

Earlier in the month, Midwest Motor Factors also launched a trade-only site for the provision of crash repair parts.

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ECP REBRAND AND EXPAND FORMER HELLA IRELAND SITE

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ECP REBRAND AND EXPAND FORMER HELLA IRELAND SITE


Euro Car Parts has re-branded a former Hella Ireland branch in Dublin. Now sporting the company’s familiar blue and yellow logo, the Dublin outlet is the chain’s first ECP-branded store in the Republic of Ireland.

Apart from the new signs, the branch has enjoyed significant investment to grow the services on offer. This includes increasing the number of vans from four to twelve and doubling the physical warehouse size to 90,000 sq ft. A modern racking system has also been introduced along with a new trading system.

Headcount will also go up from 31 to 48, with the ultimate goal for all of the improvements is to increase availability and reduce lead time.

Martin Gray, CEO of Euro Car Parts, said: “The business has been operating in Dublin since 1979 and has very experienced staff, some of whom have been working in the industry for over 30 years.

“We’re retaining this expertise and adding Euro Car Parts’ full product range to deliver service that goes the extra mile and continues to support existing customers. We’re expanding what is on offer by investing in additional infrastructure and resources.”

“We successfully partner with tens of thousands of independent garages in the UK and we are thrilled and delighted to extend that support to the Republic of Ireland.”ecp_stocked_shelves

Through parent company LKQ Corp, ECP took over Hella Ireland in August 2016.

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COMPETITION WATCHDOG TO INVESTIGATE ANDREW PAGE TAKEOVER

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COMPETITION WATCHDOG TO INVESTIGATE ANDREW PAGE TAKEOVER


The Competition and Markets Authority is to probe the recent acquisition of Andrew Page by Euro Car Parts.

The case was opened on October 14, but no start or end date for the inquiry  has yet been announced.

Full details on the investigation, including the contact for any representations can be found on the CMA website here. 

 

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