Alliance Automotive UK, the parent company of GroupAuto and UAN buying groups has acquired the seven-branch Autostores Motor Factors chain (ASMF). Terms of the deal have not been disclosed. Originally known as Sureparts and Panels & Paints, ASMF was a member of the PDP Group and PDP chairman Alistair Whatmore was managing director.
The Parts Alliance has been named CAT magazine’s ‘Factor Chain of the Year’. The Award came on Friday 10 February at an industry awards ceremony at Manchester’s renowned Lowry Hotel. The national trading group was represented by the eight branches in its South West region. They were shortlisted in recognition of a dramatic turnaround in fortunes under The Parts Alliance’s ownership. The branches were all previously part of the Unipart network, but have since been developed with significant investment from The Parts Alliance.
HgCapital-owned Parts Alliance Group has acquired Waterloo (Motor Trade) Ltd. The company will continue to trade under its own name, serving customers in the East Riding of Yorkshire, with branches in Hull, Beverley and Bridlington. Waterloo was founded in 1928 by current managing director Jim Munday’s grandfather.
Autosupplies (Chesterfield) Ltd, has launched its brand new, 40-page brochure, including the latest updates from the motor factor and information from its leading OE-quality suppliers. The brochure describes Autosupplies’ history, the team, its goals and achievements, and the company’s progression into one of the largest single branch motor factors in the UK.