Unipart Automotive enters administration, Andrew Page/Parts Alliance JV saves 33 branches

24th July 2014 | 2 Comments
 

After two weeks of intensive rescue talks, Unipart Automotive has failed to find a buyer and called in administrators KPMG. Immediately afterwards administrators sold part of the business in a joint deal to car parts/workshop equipment distributors Andrew Page and The Parts Alliance. The deal will see Andrew Page acquire 21 branches and The Parts Alliance a total of 12. A total of 361 staff employed across these sites have transferred to Andrew Page and The Parts Alliance with immediate effect. Andrew Page announced it had rejoined The Parts Alliance on 8 July, the same day the news broke that Unipart Automotive had put the administrators on alert and was seeking out a rescue plan.

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