Tag Archive | "parts alliance"

THE PARTS ALLIANCE ACQUIRES CPA

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THE PARTS ALLIANCE ACQUIRES CPA


Buying and distribution group The Parts Alliance has made its eighth acquisition, buying out associate member Car Parts & Accessories (CPA).

CPA, established in 1995, employs 120 people in 12 branches serving Hampshire, Sussex and Surrey. It has a delivery fleet of 60 vehicles and a turnover approaching £12 million.

The acquisition was completed on Friday 26 September with CPA’s Managing Director Keith Anderson and other CPA leaders continuing with the distributor.

CPA becomes part of the Eastern Alliance of HgCapital-owned businesses within The Parts Alliance, the others being Allparts Automotive and SC Motor Factors.

The inclusion of CPA brings the number of branches in the Eastern Alliance to 33. The Western Alliance comprises GMF and CES UK.

James Geldart, newly appointed MD of the Eastern Alliance, said: “I am delighted to have CPA as part of our business portfolio and I welcome all their employees to our family.”

The Alliance businesses work closely together sharing common systems and best practice but trade locally under individual brand names.

The acquisitions are completed by the takeover of Bromsgrove Motor Factors, in June, and 15 branches from the former Unipart Automotive.

Peter Sephton, Chief Executive of The Parts Alliance, said: “CPA is a great business with an exceptional commitment to customer service.

“We have been working closely with Keith Anderson and his team to bring them into our family of businesses. At The Parts Alliance we invest in our people and it is clear from the dedication and camaraderie of the team at CPA that they will fit straight in.

“Joint owner Nick Best has chosen this moment to retire and we wish him well and thank him for his great contribution.”

Keith Anderson said: “We are looking forward to integrating further with The Parts Alliance and becoming an even greater business as the group expands into a market leader.”

Posted in Factor & Supplier News, UncategorisedComments (0)

UA LATEST: BRANCHES TO REMAIN OPEN AND TO CLOSE ANNOUNCED

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UA LATEST: BRANCHES TO REMAIN OPEN AND TO CLOSE ANNOUNCED


KPMG has been confirmed as the administrator of Unipart Automotive. As reported, the majority of branches will close with immediate effect, with the loss of around 1,300 jobs.

However, 33 sites have been bought by Andrew Page and The Parts Alliance in a deal announced earlier this morning. Branches that remain open and sites that are to close are listed below with the corresponding number of redundancies.

Mark Orton, partner at KPMG and joint administrator, said: “Despite intensive efforts over
recent weeks, a sale of the whole Unipart Automotive business could not be reached, and
a buyer could only be found for 33 of the sites on a going concern basis. Unfortunately, the
business had been experiencing financial stress for a number of years, so the level of cash and
further operational restructuring required to rescue a more substantial part of the business
posed too much risk for most interested parties.
“Our team of employment specialists will be supporting all staff on completing redundancy
forms and putting them in touch with job seeker services. We will now be reviewing what
options are available for the remainder of the business, such as selling leasehold interests.”
The company also directly supports over 700 independent, owner-operated garages through its
Unipart Car Care Centre programme, in addition to having 19 franchisees. These companies fall
outside of the administration and will continue to operate as normal.

Mark Orton, partner at KPMG and joint administrator, said: “Despite

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intensive efforts over recent weeks, a sale of the whole Unipart Automotive business could not be reached, and a buyer could only be found for 33 of the sites on a going concern basis. Unfortunately, the business had been experiencing financial stress for a number of years, so the level of cash and further operational restructuring required to rescue a more substantial part of the business posed too much risk for most interested parties.

“Our team of employment specialists will be supporting all staff on completing redundancy forms and putting them in touch with job seeker services. We will now be reviewing what options are available for the remainder of the business, such as selling leasehold interests.”

The company also directly supports over 700 independent, owner-operated garages through its Unipart Car Care Centre programme, in addition to having 19 franchisees. These companies fall outside of the administration and will continue to operate as normal.

Branches that remain open as part of the Andrew Page/Parts Alliance deal are as follows:

North East and Yorkshire:

Barnsley (Branch)

Northallerton (Branch)

Sheffield (Distribution Hub and Branch)

Stockton-on-Tees (Distribution Hub and Branch)

North West and Cumbria

Carlisle (Branch)

Lytham St Annes (Branch)

Southport (Branch)*

Warrington (Distribution Hub and Branch)

London and Home Counties

Luton (Branch)

East Anglia

Colchester (Branch)

Felixstowe (Branch)

Great Yarmouth (Branch)

Ipswich (Branch)

Wisbech (Branch)

Kent and Sussex

Chatham (Branch)*

Deal (Branch)*

Dover (Branch)*

Hastings (Branch)*

Greater Manchester and North Wales

Macclesfield (Branch)*

Stockport (Distribution Hub and Branch)

East Midlands and Lincolnshire

Chesterfield (Branch)

Louth (Branch)

Scunthorpe (Branch)

Wales and West

Carmarthen (Branch)*

South West

Barnstaple (Branch)*

Exeter (Distribution Hub and Branch)*

Penryn (Branch)*

Taunton (Branch)*

Tiverton (Branch)*

West Midlands

Shrewsbury (Branch)

Stafford (Branch)

Walsall (Branch)

South Coast and Surrey

Isle of Wight (Branch)

The branches and hubs which have closed with immediate effect, with the corresponding number of staff redundancies, are:



Branch Number of Redundancies
Aberdeen 15
Acton 6
Ashford 7
Avonmouth 27
Aylesbury 5
Ayr 4
Bangor 12
Barrow-In-Furness 4
Basingstoke 6
Bath 5
Bedford 5
Belfast 7
Berwick 4
Bicester 16
Birkenhead 6
Birmingham 12
Birmingham South 19
Bishops Stortford 6
Bletchley 5
Bolton 6
Boston 9
Bournemouth 12
Bradford 11
Brierley Hill 7
Bristol 13
Burton on Trent 6
Bury St.Edmonds 9
Cambridge 27
Cardiff 14
Carlisle 3
Chard 6
Chelmsford 8
Chester 4
Chichester 6
Coventry 9
Crawley 10
Crewe 7
Croydon 11
Dagenham 6
Derby 9
Dundee 9
Dunfermline 5
Durham 11
Eastbourne 7
Edinburgh 8
Elgin 9
Enfield 12
Falkirk 17
Fareham 21
Field Based 32
Folkestone 7
Frome 7
Glasgow 11
Gloucester 12
Grantham 3
Grimsby 4
Guildford 12
Hamilton 4
Harrogate 5
Hayes 4
Head Office – Birmingham 35
Head Office – Bicester 40
Hereford 9
High Wycombe 4
Hove 7
Hub – East Anglia ( 3
Hub – East Midlands 3
Hub – Greater Manchester 1
Hub – London and Essex 3
Hub – North East 2
Hub – North Wales 2
Hub – North West 2
Hub – Scotland 4
Hub – South Coast 3
Hub – South East 3
Hub – South West 4
Hub – Thames Valley 1
Hub – Wales and West 3
Hub – West Midlands 4
Hub – Yorkshire 1
Hull 10
Inverness 7
Keighley 4
Kendal 4
Kidderminster 5
Kilmarnock 5
Kingston Upon Thames 7
Kirkcaldy 7
Leeds 9
Leicester 11
Lincoln 5
Liverpool 8
Llandudno 13
Llanelli 5
Loughborough 4
Lowestoft 10
Luton 1
Maidstone 27
Maldon 5
Mansfield 11
Morecambe 4
Newark 14
Newbury 5
Newcastle 14
Newhaven 4
Newport 7
Newton Abbott 5
Northampton 7
Norwich 12
Nottingham 10
Oldham 5
Oxford 2
Peckham 3
Perth 6
Peterborough 4
Plymouth 14
Porthmadog 7
Portsmouth 9
Preston 9
Ramsgate 13
Rayleigh 13
Reading 5
Redditch 4
Salford 12
Salisbury 5
Sittingbourne 6
Slough 5
Southampton 14
St Albans 8
Staples Corner 6
Stoke 8
Sunderland 7
Swansea 7
Swindon 9
Torquay 7
Tottenham 20
Trealaw 6
Truro 5
Wakefield 5
Watford 6
West Bromwich 2
Weston Super Mare 7
Weymouth 11
Wigan 8
Wolverhampton 8
Woolwich 11
Worcester 8
Worthing 4
Wrexham 7
Yeovil 8
York 8

Posted in Factor & Supplier News, Garage News, NewsComments (1)

Andrew Page to drop CAF brand

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Andrew Page to drop CAF brand


Component chain Andrew Page (AP) is to phase out the Camberley Auto Factors (CAF) brand over the next two months. Existing AP branches will also be updated with new signage.

“We understand that there is a great deal of goodwill to both of our brands, and the decision to bring these two families together under one title was not taken lightly.” explains Simon Mullin, Sales and Marketing Director, AP. “However, as we look to the future and expand into new operations, it’s important that we present a clear identity to our customers, staff and our suppliers.”

Jim Sumner,

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Chairman, AP, commented: “I think that sends a very strong message about a national brand in Andrew Page and that to us is important piece of what we do as we move forward.”

The rebranding of the Andrew Page Group is expected to be complete be the end of September. The news closely follows it’s re-joining of The Parts Alliance.

Posted in Factor & Supplier News, Greg Whitaker's diary, NewsComments (1)

Andrew Page rejoins Parts Alliance

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Andrew Page rejoins Parts Alliance


AP-and-PA_300pxBuying and distribution group The Parts Alliance has welcomed the ‘thrilling’ return of Andrew Page as an associate member – signalling a shift in the UK aftermarket.

The Leeds-based national motor factor adds 93 branches and more than £170 million in turnover to the HgCapital backed business group, adding significantly to its national network.

Group membership now stands at 248 branches with a total turnover above £475 million.

Andrew Page was one of the founding partners of The Parts Alliance in 1999. Its return after an absence of six years includes another former The Parts Alliance member, Camberley Auto Factors, which Andrew Page bought in 2012.

Peter Sephton, Chief Executive of The Parts Alliance, said: “Andrew Page is a long established major force in the automotive aftermarket – it is thrilling to have the business back in the fold.

“I and my colleagues can’t wait to start working closely with Chairman Jim Sumner and all his team and sharing best-in-market systems and practice that exist across The Parts Alliance group and Andrew Page.

Jim Sumner, Executive Chairman of Andrew Page said: “We’re delighted to be back with The Parts Alliance’s rapidly expanding family of

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businesses. We’ve both undergone major change in recent times but these two leading aftermarket brands have a fantastic synergy and we’re a great match.”

HgCapital acquired four members of The Parts Alliance during 2012 and the Parts Alliance Ltd itself in April this year.

Posted in NewsComments (4)

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