H2 acquiring controlling stake in Unipart
H2 Equity Partners has announced plans to acquire a controlling stake in Unipart Automotive, the UK’s largest independent supplier of car parts, workshop consumables and garage equipment. Unipart Automotive is currently owned by Unipart Group. The agreement, which is expected to be concluded shortly, sees H2 Equity Partners taking majority ownership in the UK operation. Unipart Group will hold onto 49.9 per cent. Patrick Kalverboer, managing partner at H2, will become executive chairman of the new company.