Klarius buys Quinton Hazell, boosts turnover to £350m

Klarius80_QH_Acquisition_pic2
Team Klarius: David Cheetham, Tony Wilson, Andrew Jones and Paul Hannah

Exhaust and catalytic converter supplier Klarius has acquired Quinton Hazell for an undisclosed sum, the company announced this afternoon.

The company bought the £260 million turnover parts manufacturing firm outright, a spokesman told CAT magazine.

In addition to its existing brands, Klarius Group now controls:

  • Quinton Hazell
  • Lip (Lipmesa)
  • Wix
  • Commercial Ignition
  • Krooklok
  • Moprod

as well as the distribution of Wix (Big X in Germany) filter products and FTE Automotive products in Europe

Quinton Hazell is headquartered in Leicester, England, with manufacturing and distribution assets in France, Germany, Italy and Spain. The purchase boosts the Klarius Group’s annual turnover to over £350million.

Further planned and as yet unnamed acquisitions could soon see its turnover accelerate to over half a billion Euros.

With the QH portfolio on board, Klarius says it now offers over 100,000 parts and has the ability to supply over 40,000 parts every day, to more than 5000 delivery points in 136 countries.

“This acquisition is ideal for both companies as Quinton Hazell products are largely complementary to the existing Klarius range – with very little crossover,” said Klarius chairman Tony Wilson.

Andrew Jones, Klarius Group MD, added: “We plan to optimise Quinton Hazell’s production and logistics facilities with the same lean manufacturing techniques that have proved so successful at Klarius.”

Published by emmabutcher

Emma has been CAT's editor since January 2008. There isn't much she doesn't know about the aftermarket - and her favourite topic is definitely BER!

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