The Executive Board of Axle Group Holding Limited has reported “significant growth” in the 18 months since it announced its three-year, £12 million inward investment strategy in March 2018.
According to the company, the investment has three core pillars:
Within the last two weeks both Weston-super-Mare under The Parts Alliance brand and GSF Colchester have successfully opened for business.
Blackpool also joined BBC Superfactors branch network back in June, after branches in Middlesbrough, Croydon, Leeds, Newcastle, Indian Queens and Durham have all been added since January.
Dave Bailey of Major Motors, a loyal customer of CES Stoke, is the first Servicesure garage to strike it lucky in The Parts Alliance’s ‘Dream Drive’ promotion.
The Parts Alliance has added SAS Autoparts to its group. SAS was founded in 1960 and has branches in Harrogate, Otley, Skipton, Bradford, Castleford and Northallerton.
The Parts Alliance has been named the UK’s Most Innovative Automotive Distributor 2015 in new awards that recognise business excellence.
The Corporate LiveWire Innovation & Excellence Awards look for leaders in a range of industry sectors with the objective of identifying the ‘the most innovative, ground-breaking and client-focused firms, teams and individuals who have transformed the way in which they do business’.
75 GSF Car Parts (GSF) branches have merged with The Parts Alliance, taking the network to well over 300. 160 of these are under common ownership. Together they give the Solihull-based business group increased coverage in the UK and Ireland.
CPA, established in 1995, employs 120 people in 12 branches serving Hampshire, Sussex and Surrey. It has a delivery fleet of 60 vehicles and a turnover approaching £12 million. The acquisition was completed on Friday 26 September with CPA’s Managing Director Keith Anderson and other CPA leaders continuing with the autoparts distributor. CPA becomes part of the Eastern Alliance of HgCapital-owned businesses within The Parts Alliance, the others being Allparts Automotive and SC Motor Factors.
After two weeks of intensive rescue talks, on Thursday 25th July, Unipart Automotive announced that it and its private equity owners (H2 Equity Partners) had failed to find a buyer for the loss-making company and had therefore called in administrators KPMG. Before that news made it to press, the administrators sold a comparatively small part of the business to a newly formed joint venture made up of car parts/workshop equipment distributors Andrew Page and The Parts Alliance. The deal sees 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.
Following confirmation that Unipart Automotive has entered administration with job losses totalling 1,250 BEN (the automotive industry benevolence charity) is offering to support to those affected.
The charity has contacted KPMG, the appointed administrators, and hopes that through them, and its own communications, it can ensure that those who have been displaced know BEN is on hand during this potentially difficult period.
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.
Lancashire based member of The Parts Alliance BBC Superfactors has celebrated 30 years in business by taking on its 100th employee. The company has grown from selling brake pads and brake shoes to providing a full range of parts and accessories to a customer base 600 to 700 strong.
