New Acquisition for Alliance Automotive Group

Millgate Motor Factors

Millgate Motor Factors, a single branch trade counter in Selby, North Yorkshire has been acquired by Alliance Automotive UK (AAUK).

The business was incorporated in 1999 by Steven Panas and was a member of the UAN buying group, which is itself part of AAUK.

Millgate is only the second acquisition of 2020 for AAUK, having completed on Jim Barker Motor Factors in January, suggesting that the buying spree of multiple businesses between 2017 and mid-2019 is at an end.

CatMag 12.06.2020