HALFORDS ACQUIRES UNIVERSAL TYRES FOR £15m

Halfords has announced the acquisition of Universal Tyre and Autocentres, a long established motoring services provider in the South East of the UK, for £15m.

Based in Kent with 20 garages and 89 commercial vans operating in the South East and on the east coast of the UK, Universal Tyre offers the usual range of fast fit services, including MOT tests. However, unlike many of its competitors, the firm offers services for heavy commercial and agricultural vehicles.

Universal Tyres, Dartford branch

2019: HALFORDS ACQUIRES MCCONECHYS FOR £9.3M

Halfords has a stated ambition to reach 550 garages in the UK and has been growing through acquisition, following the purchase of the McConechy’s garage chain and online retailer Tyres on the Drive in 2019.   The new acquisition brings the total to 374 garages and 136 mobile expert vans.

2019: HALFORDS FORM BUYING PARTNERSHIP WITH FRENCH ALLY

Graham Stapleton, Chief Executive Officer, commented: “We continue to see strong demand for our Autocentres, for our expanding fleet of Halfords Mobile Expert vans, and for our growing commercial business. Universal will help us to meet that demand whilst also expanding our geographic footprint in a market for which we see significant potential.”

 

Published by GregWhitaker

Editor of CAT Magazine and an experienced motoring journalist

EAG UPGRADES WAREHOUSE MANAGEMENT

Leeds-based firm install MAM warehouse management system

Read More

SEMI-AUTOMATED BATTERY ASSEMBLY LINE ESTABLISHED

Comau UK chosen to implement highly automated production

Read More

ECP START ELECTRIC VAN TRIAL

A pair of electric vans have joined the fleet at Euro Car Parts’ Isle of Wight branch.

Read More

CAT CONVERSATIONS: GARAGE OF TODAY, TOMORROW AND THE FUTURE

Don’t miss out, sign up to CAT’s latest webinar on 21st April right now

Read More

£10 MOT OFFERED BY AGGREGATORS

GoCompare has struck a deal with garage comparison site Who Can Fix My Car

Read More

Go to comments

Your email address will not be published.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