SUPERCHIPS IN ADMINISTRATION FOLLOWING COVID-19 CLOSURE

Buckingham-based tuning firm Superchips has voluntarily entered liquidation, citing the ongoing coronavirus pandemic as a driving factor.

An official statement from the ECU remapping specialist, which has been in operation since 1977, confirms that it has instructed business advisory servive Quantuma to assist with the administration process.

READ: CORONAVIRUS: MORE THAN 60 PERCENT OF GARAGES HAVE SHUT

The company thanked customers for their loyal service over the years, and said it is working to “assess whether we can sell the business and its assets as we are eager for there to be continuity”, inviting interested parties to get in touch for details.

Included in the sale will be the Superchips branding and associated domain names, a library comprising 3700 remap files and 80 worldwide garages trained to carry out Superchip services.

The company’s Buckinghamshire offices and workshops are available as part of separate negotiations.

On 23 March, a statement from Managing Director Ian Sandford advised that, following the government’s imposition of a lockdown, the company had taken the decision to temporarily close from 25 March.

READ: LKQ PLOTS GROWTH AFTER CORONAVIRUS PANDEMIC

It had been planned that normal operations would resume in due course, but any continued Superchips activity will now be carried out by a new owner when the lockdown ends.

Movers & Shakers: SMP Europe appoints new manager

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

Read More

Registration now open: UK Garage and Bodyshop Event 2024

Visitor registration now open for the UK Garage and Bodyshop Event taking place at NEC June 5/6

Read More

Autoglym acquires GnG Sales as it expands into Australasia

The wholesale supplier of car care products has marketed and supplied the Autoglym range for over two decades

Read More

Comline Group to move to new headquarters

Move hailed as “inspiring new chapter” for UK-based parts firm

Read More

Worry as drivers are ditching garages to make repairs at home

New research finds that more than a third of drivers are resorting to DIY repairs in a bid to save cash

Read More

Go to comments

Your email address will not be published.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