UKS has reported an increase in sales since changing name from Optimal UK a year ago.
The firm is run by founder Geoff Jones and his son Harry ( who is the General Manager) and the name change was prompted by an MBO which occurred after LKQ took over Optimal AG in Germany and subsequently decided to sell it's share of the company.
[caption id="attachment_29886" align="alignright" width="300"] Harry and Geoff Jones[/caption]
Following the buy-out, UKS was free to stock any supplier brand and subsequently brought in names including AL-KO, Dolz, Arnott and Trico. Interestingly, sales sales of Optimal brand products have grown since the changes, as has the product range.
READ: MBO AT OPTIMAL UK AS LKQ SELLS SHARES
Geoff Jones said: “Although we have more exciting and market leading brands joining the UKS product portfolio on a regular basis, the Optimal offering is just as important as it has always been and we are still putting a huge amount of concentration into it and the results prove this. Not only are our existing Optimal customers benefitting from our offering, but new customers are joining up all the time.”
Optimal AG was acquired in 2017 by German motor factor Stahlgruber, which was in turn acquired by LKQ later the same year. Following the latter's 'One LKQ' rationalisation policy where a number of non-core business were divested, the Joneses took the opportunity to buy out the UK arm of the company.
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