Tag Archive | "Factor Chain"

ECP SIGNS DEAL WITH CLICKMECHANIC

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ECP SIGNS DEAL WITH CLICKMECHANIC


Factor giant Euro Car Parts has signed a supply agreement with online aggregator ClickMechanic.

The deal means that the aggregator’s client base of mobile technicians and independent garages can take advantage of the pricing of a national account.

Andrew Jervis, Co-Founder of ClickMechanic, said: “We are truly excited to offer the benefits of this agreement to our mechanics and, in turn, grow their businesses. Supporting the UK’s mechanics is a core fundamental of ClickMechanic, and working with Euro Car Parts will deliver better value for money, service offering and parts accuracy for our members.”

Martin Gray, CEO of Euro Car Parts, said: “We are committed to delivering an outstanding range and service to all workshops throughout the UK and working with ClickMechanic is another step in that direction.”

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

FACTOR MOVEMENTS OVER THE SUMMER

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FACTOR MOVEMENTS OVER THE SUMMER


GAU parent reveals UK buying spree, while AP rebrands Solid Auto branch

AP_Solid_Auto

New Andrew Page branch

GROUPAUTO’s parent company Alliance Automotive Group (AAG) has taken over seven UK motor factors over the first half of 2016.

Notable acquisitions include Luton Motor Factors and five-strong CV factor chain HS Astec.

The turnover of the UK branches total more than £26m and are part of the group’s strategy of buying sole traders and small chains across Europe. As reported in the magazine last month, the group recently acquired the nine-branch Busch chain in Germany and it has also bought six businesses this year in France including Electro Diesel Services and Auto Omnia Industries.

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AAGs UK acquisitions

Despite having acquired 14 companies operating over 42 sites, the firm has issued no comment on the matter aside from an information bulletin for stakeholders.

Meanwhile, Andrew Page has rebranded Solid Auto, its most recent acquisition, as an Andrew Page branch. The 17,000sq ft site will serve as a ‘hub’ branch and improve the firm’s stock handling capabilities in the South East and South West regions of England as well as reaching customers in Wales.

“The Midlands is a key region for us both in terms of its location from a logistics perspective, as well as the opportunities it brings in reaching additional customers,” said Mark Saunders, Andrew Page Chief Executive. “This site will also help us to expand our operations into Wales, where we are looking to grow further after opening our Cardiff site last year.”

Earlier in the year, Saunders told CAT that Page was still actively seeking businesses
to acquire.

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ANDREW PAGE ACQUIRES SOLID AUTO

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ANDREW PAGE ACQUIRES SOLID AUTO


rsz_solid_auto_-_buildingAndrew Page is set to become Britain’s leading distributor of Japanese and Korean car parts after acquiring a specialist rival. The  Leeds-based business has bought Solid Auto  for an undisclosed sum.

The factor believes the acquisition will  strengthen its sourcing capability in China and the Far East. Chairman Jim Sumner said, “Birmingham-based Solid Auto has established a very good reputation as a specialist supplier over the last three decades”.

Mark Price, MD of Solid Auto said: “I am confident there will be significant benefits across the group given our expertise in Far East sourcing and detailed understanding of the market.”

“I believe there is a great cultural fit between Andrew Page and Solid Auto.”

Japanese and Korean cars make up around 20 per cent of the UK car market.  Sumner added: “We are actively pursuing a differentiation strategy. Our key brands are increasingly differentiated from what competitors are offering and acquiring Solid Auto drives that further. Our goal is to be the UK’s leading specialist Japanese and Korean car parts player.”

 

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