ASAP Motor Factors has been put into administration. All branches are currently closed.
The chain was formed when the Competition and Markets Authority ruled that a certain number of Andrew Page sites had to be sold to allow the ECP take over to go ahead in September 2018.
READ: EURO CAR PARTS DIVESTS NINE AP BRANCHES
ASAP had nine former Page locations throughout the UK, including Wakefield, York, Sunderland, Scunthorpe, Hove, Gloucester, Liphook, Heathrow and Gatwick, and ran a fleet of 70 vehicles.
READ: BREAKING: NINE AP BRANCHES MUST BE SOLD TO 'PURCHASER APPROVED BY CMA'
CAT understands that the administrator is currently in talks with prospective buyers for the branches.
All enquiries regarding the administration should be directed to KRE Corporate Recovery on 01189 47 90 90
Such a shame for the staff and suppliers involved. But no real surprise.
Not surprised. Feel sorry for the staff. They were a bit of a strange outfit with rumours of ex ECP directors backing.
Hope some of the branches get picked up.