ALLIANCE AUTOMOTIVE UK ACQUIRES ASMF

Alliance Automotive UK, the parent company of GroupAuto and UAN buying groups has acquired the seven-branch Autostores Motor Factors chain (ASMF). Terms of the deal have not been disclosed. 

Originally known as Sureparts and Panels and Paints, ASMF was a member of the PDP Group and PDP Chairman Alistair Whatmore was Managing Director. 

READ: JIM MAZZA JOINS THE PDP

ASMF is Alliance Automotive UK’s 12th acquisition of 2019, although it is the first this year to have been obtained from outside of the firm’s own buying groups. 

READ: AUTOSTORES GROUP ACQUIRES BARUM

This deal brings the total number of branches to be added to AAUK’s portfolio this year to 26, with a combined annual turnover in the region of £40m. 

We’ll bring you more info on this story as we get it. 

 

Published by Greg Whitaker

Editor of CAT Magazine and an experienced motoring journalist @GregWhitaker5

Delphi Academy to undergo £500,000 expansion

The Warwick-based academy will double in size, adding new classrooms and technical areas

Read More

Temporary exemption MOT certificates announced in Northern Ireland

Certificates announced in a bid to reduce MOT waiting times

Read More

Movers & Shakers: new sales director at Shaftec

All the latest changes from across the sector, including new roles, promotions, and retirements

Read More

BullsEye Superfactors sold to employee-owned trust for eight-figure sum

The £4.5 million deal for the South Yorkshire firm will “safeguard the future of our business”, boss Adrian Wesbroom said

Read More

IAAF launching first summer conference in over 20 years

The conference will focus on addressing issues around skills, training and recruitment in the automotive aftermarket

Read More

Go to comments

Your email address will not be published.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