BEVERLEY MOTOR FACTORS ACQUIRED BY AAG

Alliance Automotive Group UK has announced that it has recently completed the acquisition of Beverley Motor Factors Ltd. The business is an existing member of the UAN buying group.

READ: COTSWOLD MOTAQUIP ACQUIRED BY AAG

Team shot at Beverley Motor Factors

The acquisition represents a hat-trick for the group, with three single-branch businesses bought out inside of a fortnight. Earlier this week, it was announced that Cotswold Motaquip had been acquired, and CMF Canterbury last week.

READ: CMF CANTERBURY TAKEN OVER BY AAG

BMF is a single branch light vehicle business based in Beverley, East Riding of Yorkshire, with sales of around £1.5m and 12 employees. Founded in 1993, it has been run in its modern form by the Franklin family since 2002.

Published by GregWhitaker

Editor of CAT Magazine and an experienced motoring journalist

GSF Car Parts completes network rebrand

Following rebrand, CEO wants to ‘draw a curtain on this period of transition’

Read More

AAG buy out Linings & Hoses

Three-branch CV business is the latest firm to become part of business group

Read More

Melett: Nickel price is increasing turbocharger costs

Ukraine war is driving up prices, sys turbo company

Read More

Ben ‘Big Breakfast’ planned for Mental Health Day

Industry charity plans fundraising community event in October

Read More

Dunlops Auto shop opens in Paisley

Third branch for Glasgow retailer

Read More

Join the debate

1 Comment

Leave a Reply to Sebastian Jonnson Cancel reply

Your email address will not be published. Required fields are marked *

  1. Three small businesses, all in areas where AAG already have distribution. I don’t see a serious strategic expansion plan here. Is it a case of them being in debt to FPS and AAG getting them on the cheap? It is easy to spend borrowed American money. It is another thing to earn the margin to pay it back and give the money people the return they expect. Hard times ahead.