Motor parts firm raring to go after acquisition
A MOTOR parts firm has expanded its offering with the acquisition of a Harrogate business.
The Parts Alliance, a £140m-turnover company based in Birmingham, has bought SAS Autoparts.
The Harrogate-based company now joins the bigger group. It was founded in 1960 and has branches in Harrogate, Otley, Skipton, Bradford, Castleford and Northallerton.
The Parts Alliance consists of 10 companies and 5 associate members. It is backed by HgCapital.
The Parts Alliance’s chief executive Peter Sephton said: ‘’SAS Autoparts is a great business with outstanding customer and staff loyalty providing local service in the Yorkshire area and adds to our national strength.”
HgCapital continues to support The Parts Alliance with the acquisition of SAS, which will be a wholly owned business within The Parts Alliance Group but will continue to trade locally under its own brand name and will continue under managing director David Brooks and his current management team.
Peter Sephton added: “This is a great acquisition which strengthens our presence in the north while encouraging a common vision and culture, but retaining local brands, entrepreneurial spirit and customer focus.”
David Brooks said: “We are looking forward to working with Peter Sephton and the rest of the management team and developing and growing SAS into an even better business.”
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