Andrew Page Group has completed a £40m refinancing with PNC
Factor & supplier news
Fast Parts Wales reveals new partnership with Fast Rads
Fast Parts Wales has welcomed radiator and air conditioning company Fast Rads to its group. The acquisition will give Fast Rads access to the group’s resources and expertise, as well as building on its long established relationship with Fast Parts Wales
Don’t fit anything that can’t be polished
Mike Owen emphasises the importance of only fitting the best quality parts and explains the downfalls of working with poor base materials.
If the base material is flawed, it is impossible to produce a quality product or put slightly less politely: you can’t polish a turd
CAT Supplier Lives: Aldon Automotive
Alan Goodwin guides CAT around the mystery of tweaking an advanced curve. Aldon Automotive in the Midlands is a household name in the world of classic cars and motor racing, and with 45 years of experience preparing race cars, building and servicing classic cars and developing the mechanical and electrical advanced curves, it is no wonder Owner Alan Goodwin is very proud of his company’s achievements
What are your borrowing options?
What do you do if the bank won’t lend to you? Adam Bernstein investigates alternative funding sources to keep the cash flowing. Bob Hope, the late actor and comedian, summed up quite accurately what most believe about bank lending practices: “A bank is a place that will lend you money if you can prove that you don’t need it.” While that may not be true in every instance, since the start of the 2008 financial crisis it certainly has been much harder to gain bank funding; it’s also the reason why the government has used devices such as quantitative easing and Funding for Lending to get cheap money out to the banks to, in turn, pass on as loans
Comline reveals another dimension to brake discs
Luton-based brand Comline has given its online data another dimension as it seeks to improve its offering to customers. The update has seen dimension included on images for all of the brands most popular brake disc references, which equates to 939 products, representing 70 percent of Comline’s sales pareto
New sailing challenge launched in aid of BEN
The automotive charity BEN has launched a new competition for 2015 called the Automotive Challenge Cup. The event will see a number of teams competing against each other in a sailing race event, on June 18 at Portsmouth Harbour Yacht Club. The contest-taking place is the ideal opportunity to promote team building, networking and entertaining new clients or existing customers
FERDINAND BILSTEIN DROPS ADL BRAND
Automotive Distributors Ltd (ADL) is to change its name to Ferdinand Bilstein UK Ltd.
CES gives disadvantaged teenagers chance to work
CES UK has been at the heart of helping teenagers struggling to reach their potential gain some valuable work experience in the aftermarket. The member of The Parts Alliance’s Western Alliance has been working with Basetech Automotive Training Services in Liverpool, who run a classic car restoration programme for 14 to 18-year-olds
Orio purchases all original tooling to secure long-term availability of Saab spare parts
Orio AB has acquired all 12,500 tools used to produce original parts for Saab vehicles. The company formerly named Saab Automobile Parts AB, signed a contract with National Electric Vehicles Sweden (NEVS) to gain access to all the original tooling as it attempts to secure the long-term availability of spare parts for existing Saabs across the world