Tag Archive | "FMP"

ALLIANCE ACQUIRES ANOTHER BRACE OF FACTORS

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ALLIANCE ACQUIRES ANOTHER BRACE OF FACTORS


Business group Alliance Automotive UK has continued its buying spree with the acquisition of South Wales-based FMP and Glaze Autoparts of Wolverhampton. 

READ: ALLIANCE AUTOMOTIVE UK ACQUIRES ASMF

Both companies were existing members of Alliance Automotive’s GroupAuto buying group. Glaze Autoparts was incorporated in 2000 by Mark Leason and Roy Blundell was MD at the time of acquisition. 

READ: RAPID GROUP FOUNDER SOLD TO GROUPAUTO PARENT

FMP (originally Foreign Motor Parts) was originally founded in 1996, although the company in its current form dates to 2004. Founded by Neil Melmoth, the business had several branches covering an area between Swansea and Port Talbot with around 40 staff and 16 vans.  

Glaze Autoparts now wholly owned by AAG

These latest deals brings the number of UK motor factor businesses acquired by the group in 2019 to 14 and around 30 locations.

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

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