Nine-branch IFA member becomes latest business to be snapped up by GroupAuto parent company
Factor & supplier news
EVANS SOLD TO SPORTS DIRECT IN PRE-PACK DEAL
62-branch cycle retailer Evans appoints PwC as administrators, only to be acquired immediately by Mike Ashley's firm
ZAFIRA LATEST: 47,000 FURTHER CARS RECALLED
More people carriers are recalled as vehicles with climate control are found to be at risk of fire
PARTS ALLIANCE OPENS NEW BRANCHES
The Parts Alliance has been enhancing its UK coverage with a number of branch openings.
Weston-super-Mare under The Parts Alliance brand and GSF branches in the Essex towns of Colchester and Woodford have opened for business.
BBC Superfactors opened an extra Blackpool branch in June, while branches in Middlesbrough, Croydon, Leeds, Newcastle, Indian Queens and Durham have all been added since January.
SMPE TO GROW ENGINEERING TEAM
Standard Motor Products Europe (SMPE) has announced that it is developing a new ‘rapid prototyping facility’ at its Nottingham centre. The development forms part of a host of additional investments by the company into the centre, including doubling its engineering team and purchasing new testing equipment. SMPE said in a statement that the aim is for the site to become its engineering hub for product development, with the new facility enabling the company to ‘fast track’ new products and supply them to the UK aftermarket quickly.
MAGNETI MARELLI SOLD BY FIAT FOR €6.2bn
Japanese Calsonic Kansei Corp. to take control of Italian component giant
AVON TYRES PLANS 300 REDUNDANCIES
Cooper-Avon to halt UK light vehicle tyre production and axe jobs at Melksham plant
FIRST LINE LTD SECURES £20m FUNDING
Borg & Beck owner acquires funds to support international growth
HONEYWELL GARRETT APPOINTS TURBOACTIVE AS 'MASTER DISTRIBUTOR'
Company is one of only two firms that can officially distribute the brand
ELTA AUTOMOTIVE IN MANAGEMENT BUY-OUT
Formation of a newco means a change in Lucas licence