ECP expands business in Ireland
Euro Car Parts has acquired the business of Team P R Reilly, a family-owned, automotive parts, accessories and bodyshop business based out of Dublin, Ireland, and that of paint and collision repair supply specialist Karkraft (N.I.) Limited of Belfast. The agreement expands Euro Car Parts’ operations across Ireland, with a key focus on enhancing product availability, further improving delivery times and expanding into new market sectors.
“A strong track record, significant market expertise and a cultural approach so like our own, meant that the opportunity to work alongside Norbert Reilly and the senior management team at Team P R Reilly was not to be missed,” shares Martin Gray, chief executive officer of Euro Car Parts. “We immediately felt that we had the same goal in mind: to deliver exceptional customer service, keep the independent aftermarket competitive and support the industry in developing its own profile. Over the coming months, we will share best practices and take advantage of the opportunities to learn from one another across market sectors and distribution channels.”
Gray continues: “We are particularly excited about leveraging our global sourcing network to equip our customer partners with unparalleled choice of mechanical and collision parts, paint and specialist equipment.”
Sukhpal Singh, UK chairman and board member of parent company LKQ, adds: “I’m delighted to welcome Team P R Reilly colleagues to the family and the next stage of the incredible Euro Car Parts journey. Team P R Reilly has a heritage stretching back more than 75 years and we have a duty to our customers, partners, employees and suppliers to ensure that we build relationships that will lead to sustainable and considerable growth. Everyone has a part to play in our ambitious growth plans and I look forward to working with the senior team to support their strategic direction and leadership.”
Following the acquisition, the senior Team P R Reilly management team remains in place, and Euro Car Parts states that the company’s more than 150 employees will “benefit from professional opportunities and training across LKQ Corporation’s global platform, which employs more than 40,000 people worldwide.”