HALFORDS FORM BUYING PARTNERSHIP WITH FRENCH ALLY

UK accessory and parts chain Halfords has announced a new ‘strategic partnership’ with Mobivia, the French company behind European fast-fit brands including Norauto, ATU and Midas. 

The deal will see the two firms working together to source and purchase own-brand products, with the aim of streamlining development and expanding their ranges of motoring and cycling-related products. 

READ: HALFORDS ACQUIRES MCCONECHYS FOR £9.3M

Halfords
Deal with French firm to jointly source and develop new products

Mobivia is hopeful that the move will also benefit customers and consumers, claiming that it ‘will enable both companies to improve the quality and choice of products available’. Additionally, the firms have agreed to continue working with their existing supplier partners on a local and national level. 

Halfords CEO Graham Stapleton claims the new relationship will help the firm to serve ‘customers even better, further improving choice, quality and value’. 

The news comes following Halfords’ recent acquisition of Scottish garage network McConechy’s for £9.3 million, which Stapleton described at the time as ‘highly complementary’ to his company’s existing product and service offering. 

READ: PROFITS SLUMP AT HALFORDS FOLLOWING MILD WINTER

Halfords’ half-year financial results revealed a 2.5 percent profit drop and 2.9 percent revenue decline in the six months leading up to 27 September. 

Mobivia was founded in 1970 as a Lille-based repairs and accessories store. Today, it represents nine brands and 27 start-ups across the automotive sector, with more than 23,000 employees, and 2000 workshops and stores in its network.

Why transitioning to EVs is a money maker for garages

One of main keys to profitability is because ICE-only parts are suffering from a higher inflation rate compared to their EV counterparts

Read More

Pothole damage sees alloy repairs jump 58% in two years

The country’s main political parties vow to fill in potholes as part of their 4 July election pledges

Read More

GSF opens 10,000 sq ft Birmingham branch; Crawley, Southgate to follow

Located close to Birmingham city centre, it features a fleet of five vans, two bikes, and two electric Tuk Tuk-style bikes

Read More

Skills gap “a timebomb” for aftermarket, says GSF CEO

Steve Horne said a lack of workers was stifling the market’s potential and increasing costs for motorists

Read More

Legal hand car washes “outnumbered” by illegal sites as £2.5m in fines handed out

Home Office data revealed that 87 hand car washes across the UK were fined some £2.5 million for ‘right to work’ offences in 2023

Read More

Go to comments

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