Tag Archive | "Pacific Retail"

MACCESS IN ADMINISTRATION

Tags: , , , ,

MACCESS IN ADMINISTRATION


Clockwork growth: Maccess' new livery

End of the road: Maccess call in the administrators

Car accessory wholesaler Maccess has gone into administration with the loss of 350 jobs.

The chain, along with sub-brands Pacific Retail Ltd and Godfrey Autoparts has appointed BDO LLP as administrators.

The administration process will result in the  the closure of the following outlets; Maccess cash & carry 11 store closures, Pacific Retail Limited 34 store closures, and Godfrey Autoparts Limited 6 store closures.

Group parent Tetrosyl Ltd have announced plans to purchase from the administrators the business of some 32 former Pacific Retail Limited branches to operate from them under the trading style of Motor World.

In a statement, a spokesman for Maccess said: “The numbers of independent automotive stores across the UK have been reducing for several years (via phillip). The dynamics of the industry have changed and the customer base has declined to a point where business is no longer viable. After taking advice, we are left with no alternative but to put these businesses into administration.”

 

 

 

 

Posted in News, Retailer News, UncategorisedComments (30)

Advertisement
  • What do connected cars have in store for the aftermarket?
  • Battery Store: What are suppliers planning this winter?
  • Suspension, spark plug and charger plants visited

more info

    • 'Electric vehicles will disrupt the aftermarket as we know it' Agree?

      View Results

      Loading ... Loading ...
    • Popular
    • Latest
    • Comments
    • Tags
    • Subscribe