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 and Paints, ASMF was a member of the PDP Group and PDP Chairman Alistair Whatmore was Managing Director.
ASMF is Alliance Automotive UK’s 12th acquisition of 2019, although it is the first this year to have been obtained from outside of the firm’s own buying groups.
READ: AUTOSTORES GROUP ACQUIRES BARUM
This deal brings the total number of branches to be added to AAUK’s portfolio this year to 26, with a combined annual turnover in the region of £40m.
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