Parts Alliance has added its support to a charity that provides training in motor mechanics to young people of all abilities to increase their employment prospects in Buckinghamshire. Allparts Automotive helped to deliver the equipment.
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A panel of financial professionals and writers judged The Parts Alliance a winner in the Automobile and Parts sector, noting the group’s rapid growth and financial performance as well as other key strengths such as customer service, employee development and overall strategy.
In a closing-year statement, The Parts Alliance has unveiled a dynamic blueprint for 2015 ,both reflecting on outstanding success in 2014 and announcing three new initiatives.
Parts Alliance is partnering with online servicing and repairs aggregator WhoCanFixMyCar.com to provide motorists nationwide with quality parts and value in their vehicle repairs and servicing through their local independent garage.
The Parts Alliance, backed by HgCapital, has made its eighth acquisition, buying associate member Car Parts & Accessories (CPA). The acquisition was completed on Friday 26 September with CPA’s Managing Director Keith Anderson and other CPA leaders continuing with the autoparts distributor.
Some 320 jobs were saved when, in a joint rescue deal, The Parts Alliance and The Parts Alliance associate member Andrew Page agreed to take over 33 Unipart Automotive branches.
Parts Alliance announces its joint acquisition of 33 branches from the former Unipart Automotive, which has entered administration. The deal, which is for an undisclosed sum, bolsters The Parts Alliance network to 278 branches nationwide.
An exciting new addition to the ‘family’ with the acquisition of the Worcestershire-based Bromsgrove Motor Factors (BMF). BMF was founded in 1978 and has branches in Bromsgrove, Redditch, Worcester and Kidderminster, with a delivery fleet of 30 and a staff of 65.
The Parts Alliance group has significantly strengthened its position as an industry leader in the automotive aftermarket after reaching a landmark agreement for investors HgCapital (HgC) to acquire the business ‘The Parts Alliance Ltd’.
Alongside The Parts Alliance the other founding partners are based in France, Spain, Portugal, Italy,Belgium, Finland, Poland, Turkey, Russia, Jordan, Lebanon, Emirates, Saudi Arabia, Egypt and Ghana.
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