The Parts Alliance adds muscle with BMF acquisition

AUTOMOTIVE parts distribution firm The Parts Alliance has acquired Worcestershire-based Bromsgrove Motor Factors (BMF) for an undisclosed sum.
 
BMF was founded in 1978 and has branches in Bromsgrove, Redditch, Worcester and Kidderminster, with a delivery fleet of 30 and a staff of 65.
 
The acquisition comes only 11 weeks after Solihull’s The Parts Alliance was acquired itself by London and Munich-based HgCapital, an investment company with a £2bn automotive fund and a commitment that the Parts Alliance would be ‘powered for growth’.     
 
The Parts Alliance chief executive Peter Sephton said he is excited to be welcoming BMF to the group.
 
He said: “Bromsgrove Motor Factors is a great business with outstanding customer and staff loyalty, providing local service in the Worcestershire area, and adds to our national strength.
 
“This deal is an early demonstration of our declared aim to grow quickly, both organically and through the acquisition of successful parts distributor companies, large and small.”