The Parts Alliance has continued its strategic growth with the acquisition of motor factor Waterloo (Motor Trade) Ltd.

Waterloo, which has branches in Hull, Beverley and Bridlington, was founded in 1928 by current Managing Director Jim Munday’s grandfather.

It becomes a wholly-owned business within the HgCapital-owned Parts Alliance Group but will continue to trade under its own name, serving customers in the East Riding of Yorkshire.

 

 

Jim Munday said: “As a three-generation family business, building long term
relationships and providing quality local service are in our DNA. We look forward to working with Peter Sephton and the rest of the management team to accelerate our growth in what are very exciting times for our trade.”

 

 

“I’m delighted Jim Munday has agreed to work with us to facilitate the integration into The Parts Alliance and the transition of leadership to David Brooks, founder of SAS Autoparts, as we seek to extend our branch footprint and optimise our distribution and reach into the region,’’ said Sephton.

 

‘’Jim will continue to advise us on development projects and we are delighted to have Jim and his colleagues at Waterloo as part of our Group.”
Peter Sephton went on to say: “As a unified multi-brand operation, it’s important to us when we bring in new businesses that we maintain that local brand and management as they bring their unique local knowledge while we add national strength. It’s a powerful combination.”

Micheldever Tyre & Auto Services awards new supplier agreement to The Parts Alliance

Micheldever Tyre & Auto Services, one of the fastest growing independent fast fit networks in the UK, has renewed its supplier agreement with The Parts Alliance for a third term.

Recent expansion of its network across the UK provides 98 fast fit and mechanical centres offering a full range of tyres for car, motorcycle and agricultural vehicles as well as MOT testing and car servicing for all makes and models.

The new contract, worth over £8 million, will run until the end of 2018 and appoints The Parts Alliance for the supply of all vehicle parts, covering Braking, Steering and Suspension, Emission and Service Repair products.

Mark Harley, Retail Operations Director for Micheldever Tyre Services Ltd, said: “The Parts Alliance has the largest network for automotive parts distribution. They supply a full range of OE Quality products and deliver hourly to our centres, which is vital to our business and has helped us provide our customers with outstanding service.”

The Parts Alliance national service from over 160 locations is enhanced to over 300 distribution sites through its strategic partnership with the IFA which was established in 2015. The alliance created a major force within the automotive aftermarket, offering National customers the largest parts distribution network, with quality OE branded products supplied from over 3,000 delivery vehicles.

The Parts Alliance’s annual sales are over £500 million, with the IFA annual sales in excess of £250 million. This provides their customers reassurance in a changing market place on the stability of both groups and provides a united approach for National Account contracts.

Though The Parts Alliance and the IFA collaborate closely on National Accounts, they  retain their independence for procurement and supply to independent garages and workshops, offering them a choice through their established local brands and service.

Mike Curry, National Accounts Sales Director for The Parts Alliance, said: “Our flexible partnership with the IFA has been a great success, providing the largest network for supply to National Account customers to provide unrivalled service. We share similar values and are both committed to providing quality products and service.”

Peter Sephton, The Parts Alliance CEO, said: “It is great news that after working with us for five years, Micheldever has renewed for a third contract term. We look forward to working with Mark and his colleagues as they continue to expand and develop their business. We remain committed to working with all our customers to deliver outstanding service, quality and systems that help them develop their business.”

Introducing the new DriveTec antifreeze & coolant range

The Parts Alliance is proud to introduce a brand new range of industry standard DriveTec Antifreeze & Coolants.

Introducing two brand new concentrated antifreeze and engine coolant products, suitable for all year round use and formulated from monoethylene glycol with Organic Acid Inhibitor Technology.

Both are available in in four different pack sizes (1 litre, 5 litre, 20 litre and 205 litre) and meet the BS6580:2010 quality stndard for engine coolant. There’s also special launch pricing available on 20L & 205L, valid until the end of December 2016.

DriveTec Universal Blue Antifreeze & Coolant
An advanced concentrated antifreeze and engine coolant, suitable for all year round use, and formulated from monoethylene glycol with proven anti-corrosion additives and degradation inhibitors.

  • All Year Protection
  • Free of nitrites, phosphates, & amines
  • Includes corrosion inhibitors
  • Two year change interval

DriveTec Long Life Red Antifreeze & Coolant
An advanced longlife concentrated antifreeze and engine coolant, suitable for all year round use, and formulated from monoethylene glycol with Organic Acid Inhibitor Technology. Longlife Antifreeze is free from nitrites, amines, phosphates, borates and silicates, has excellent hard water stability and very low inhibitor depletion rates.

  • Organic Acid Technology (OAT)
  • Excellent corrosion protection
  • Protects against freezing & overheating
  • Robust five year service life

Biggest and best ever Garage Essentials

The new Autumn 2016 issue of Garage Essentials will be made available through all members of the Parts Alliance. Garage Essentials, originally used by GSF to showcase their quality garage equipment and tooling, has recently merged with Toolchest, a similar publication created by Parts Alliance. Both publications showcase the latest and best of what’s available from the UK’s finest equipment suppliers and brands.

John Wright, Head of Garage Equipment and Customer Development commented “We’ve found that around 85 per cent of the content is similar already between Toolchest and Garage Essentials as we’ve both been actively looking to work with the best suppliers.

It’s clear we can save a lot of time and energy by producing a single publication instead of two, offering suppliers a greater audience and circulation.”

To keep up with demand, Garage Essential’s print run will be extended by 20,000 copies in order to accommodate an increasing amount of Parts Alliance branches.

Previous issues of Garage Essentials can be found online on the GSF Car Parts website.

Nexus achieves over €10 Billion global turnover, present in over 100 countries

Major automotive aftermarket alliance NEXUS Automotive International (N!) has continued its global growth and achieved a record €10 billion in consolidated group turnover.

The figure is €1 billion ahead of expectations outlined in February, when it was hoped to reach €9 billion by the end of 2016.

The milestone will be announced by N! CEO Gael Escribe as member companies from more than 100 countries are due to meet ahead of Automechanika Frankfurt for two days of business ‘connecting’.

Gael said: “Our vision for NEXUS’s place in the global aftermarket is to be a leader and reaching this landmark figure of €10 billion is a major step towards that. NEXUS has been in existence for only two-and-a-half years but through the collective efforts of all in the N! Community we have achieved so much.

“With N! members in more than 100 countries and 60 global supplier contracts in place, NEXUS has the world-wide reach, collective strength and credibility to fulfil our vision of bringing innovation and entrepreneurship on an unprecedented scale to the aftermarket.

“From Sao Paulo to Johannesburg, Birmingham to Barcelona, Dubai to Shanghai, wherever you come from in the world, NEXUS’ ambition is to be the ‘business catalyst’of the aftermarket.”

N! will shortly take a big step forward in China with the establishment of its Chinese representative office in Shanghai. The office will enable N! to be closer to its members and suppliers, facilitate future co-operation and respond quickly to the needs of the China market.

The local team in Shanghai will be supervised by Bas Donders, N! Marketing and Sourcing Director, who has 25 years’ industrial experience.

Gael added that while new membership opportunities would continue to be sought in fast-growing markets, the focus would increasingly be on developing business and projects with existing N! members. Also, having reflected on the vision and objectives of N!, it had been decided not to renew the co-operation agreement with N! Alliance Russia beyond 31 December.
In the meantime, some 140 participants will meet in Frankfurt for the latest round of N! CONNECTING DAYS (12, 13 September) during which they will explore opportunities to develop new business between them. Gael said: “At the end of the day, NEXUS is about creating value for our members. It’s pleasing to see a recently published study shows four out of the top five champions of growth in the French aftermarket were all N! members, as were six out of the top seven for champions of productivity. We would say that’s no random coincidence.”

About Parts Alliance

A brief introduction to Parts Alliance and our culture, featuring our CEO, Peter Sephton, and COO, Steve McCann.

Access to parts identification data by FIGIEFA

Delphi 5 layers of quality

Total: Committed to better energy

Who is NEXUS Automotive International?