Independent factor chain snapped up by FAI's South African parent company
Acquisition
AC Components becomes part of Alliance Automotive Group
Buyout is AAG's third this summer in Northern Ireland
Leamoco and M1 acquired by AAG
Former IFA and Groupauto member
AAG makes two acquisitions in Northern Ireland
Business group expands across region with five extra branches
COTSWOLD MOTAQUIP ACQUIRED BY AAG
Single-branch motor factor was an existing UAN member
HELLA TO BE SOLD TO FAURECIA
€6.7bn deal inked to form seventh largest OEM producer
BETTAPARTS ACQUIRED BY JURATEK
Independent distributor acquired by Yorkshire-based braking supplier
NISSENS TO ACQUIRE AVA COOLING IN THE UK AND NORTH EUROPE
Denmark-based Nissens to bring bulk of AVA Cooling back into European ownership.
BORG AUTOMOTIVE ACQUIRES TURBO REMANUFACTURER
Aftermarket consolidation continues with a medium-sized enterprise being bought by larger firm
KRAFTWERK TOOLS ACQUIRE JORDAN METEC
Toolmaker acquires all assets and transfers 40 staff from workshop furniture fabcricator