Automotive Aftermarket News
Parts Holding Europe about to be sold to a fund?
PHE (Parts Holding Europe), is about to be sold. By the end of the month, says Les Echos, one of the two investment funds finalist - CVC or Platinum Equity - is expected to win the round [...]
Cap VI bought by the British group Bremsen Technik
In parallel with Solutrans 2019, on which it was present, the Laurent Group's national platform network, Cap VI, announced its acquisition by the British equipment manufacturer Bremsen Technik, which specializes in the manufacture and distribution [...]
The situation of Cecauto is worried
Cecauto is not paying or does it returning material. And it is not the only major distributor that goes through a similar situation. Some more with some relevance presents liquidity problems. A disturbing reality for many suppliers who [...]
Delticom: Business with auto spare parts is discontinued
Delticom AG has worked with specialist consultants to develop a comprehensive concept for a sustained return to profitability, increase profitability and focus on the core business "Tyres Europe" in view of the increasingly difficult business [...]
HALFORDS FORM BUYING PARTNERSHIP WITH FRENCH ALLY
UK accessory and parts chain Halfords has announced a new ‘strategic partnership’ with Mobivia, the French company behind European fast-fit brands including Norauto, ATU and Midas. The deal will see the two firms working together [...]