Klarius has sold QH Holland to Dutch holding company Sator.
Sator paid an undisclosed sum for the operation’s warehouse, vans and staff.
Many industry watchers at the recent Automechanika show suggested the sale could be the first of many by Klarius. Since Sator also owns H2 Equity, which bought a 49.9 percent share of Unipart Automotive last October, rumours were that the brand could change hands.
Wilson was quick to dash notions that Klarius would now divest itself of other QH operations across Europe, however, and repeated the commitment he made to the brand in the August issue of CAT.
He said the Dutch deal includes commitments from Sator to increase turnover in the Netherlands over the coming years and also guarantees at least ten years of supply from Klarius which acquired the Quinton Hazell Automotive Group in February 2010.
Between us we could probaly write a fine list.
Experience is only valid if you use it or at least know where to find it
Is it just me or am I reminded of history…..Grow! Grow! Grow! Opps!
http://blog.chrisswan.net/category/press/