Autodistribución Expands its Reach in Spain with Acquisition of Auto Industrial Basconia
AD Parts Autodistribución (PHE Group) is making significant strides in its development across Spain with the recent acquisition of a 75.1% stake in Auto Industrial Basconia, located in the provinces of Vizcaya and Álava. This strategic move solidifies the PHE Group’s position as a key player in the Spanish market. Additionally, with this expansion, Autodistribución aims to enhance its offerings and better serve customers in the Basque Country.
AD Basconia: A Growing Force in the Basque Country
AD Basconia, a prominent player in the Basque Country, has witnessed remarkable growth in recent years. Moreover, In 2022, the company achieved a turnover of approximately 20 million euros, reflecting a 12.5% increase from the previous year. Founded by Jesús Hermosilla in 1974, AD Basconia operates across seven locations in Vizcaya and Álava, establishing an extensive network of AD Workshops within its sphere of influence. With around 100 employees, Auto Industrial Basconia has established itself as a reliable and trusted source for automotive parts and services in the region.
Parts Holding Europe: A Dominant Force in Western Europe
Parts Holding Europe (PHE) is a powerhouse in the independent distribution of spare parts for light and heavy vehicles in Western Europe. So, In 2022, the company recorded an impressive consolidated turnover of 2.3 billion euros. In addition, PHE operates in several European countries, including France, Belgium, the Netherlands, Luxembourg, Italy, and Spain. In France, PHE focuses on the B2B market, catering primarily to repair professionals through Autodistribution.
Consolidation and Expansion: A Winning Strategy
By acquiring a majority stake in Auto Industrial Basconia, Autodistribución strengthens its position within the Spanish market. This acquisition complements the company’s existing presence in Girona, Barcelona, Navarra, Rioja, Castellón, Valencia, and Murcia. Above all, the expansion into Vizcaya and Álava allows Autodistribución to extend its network and provide a wider range of high-quality automotive parts and services to customers in these regions.
Autodistribución’s acquisition of Auto Industrial Basconia represents a significant step forward in its quest for market dominance in Spain. With the backing of Parts Holding Europe, Autodistribución continues to expand its footprint and enhance its offerings in the automotive industry. Additionally, customers in Vizcaya and Álava can now benefit from Autodistribución’s extensive product range and exceptional service. As Autodistribución solidifies its position as a relevant player in Spain, it paves the way for further growth and success in the country’s competitive automotive market.