CES GAINS ‘SIGNIFICANT INVESTMENT’ TO ACCELERATE GROWTH PLANS

by
Steve McCann
Steve McCann

Parts Alliance member CES (UK) has attached ‘significant investment’ to accelerate expansion plans and strengthen its already key position in the UK aftermarket.

Although the exact source and size of the investment is not being revealed at this stage, Andrew Wilson of CES said it was money from outside of the automotive industry.

Steve McCann will continue to head the company operation with the support of CES founders Howard Warren and Charles Colton.

Warren said: “CES occupies a market-leading position. Our goal is to grow and scale our business, either organically within existing markets or through acquisitions. Over the years, everyone at CES has pulled together to build a great and successful business. With investment on board, we have put a framework in place for an exciting future.”

CES will remain a committed member of The Parts Alliance. Steve Fulford, Chairman of The Parts Alliance commented: “We are pleased with the developments regarding CES, which has attracted significant investment into the group. This has been a long term initiative which has now become a reality. CES will continue to be a member of The Parts Alliance. We look forward with great confidence to exciting times ahead which will see us build on the strengths of the Group and the success we have achieved to date.”

63 PERCENT OF DEALERS PLAN TO HIRE MORE TECHNICIANS IN 2021

Retail industry bullish about 2021, in spite of huge cutbacks in 2020

Read More

ECP COLLECTS PENNIES FOR BEN

10K raised by offering to add 25 pence to till transactions in branches

Read More

99.7 PERCENT OF GARAGES OPENED THROUGH LOCKDOWN

Vast majority of sites open through England’s second lockdown in a survey of 5,000 workshops

Read More

JURATEK AMONG THREE NEW IAAF MEMBERS

Balyfa, Wessex Truck and Trailer plus Juratek swell IAAF ranks

Read More

DUKES AUTOTECH SCOOP ‘GARAGE OF THE YEAR’

St Austell-based workshop win Motor Ombudsman gong

Read More

Join the debate

1 Comment

Your email address will not be published.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