Warwickshire-based car spares supplier Motor World has saved more than 80 jobs after acquiring a rival chain from administrators.

The move has allowed the firm to expand in the South and South Coast by adding an extra 21 stores to its portfolio which had belonged to failed auto accessories retailer Les Smith.

The acquisition brings the total number of Motor World stores across the UK to 223, with 956 employees.

The chain, which has its headquarters in Stratford-upon-Avon, is the largestindependent car parts supplier in the UK, with turnover growing by 5.7 per cent to reach #43.3 million last year.

Bosses are forecasting an increase in sales of at least 10 per cent and potential growth in profits of more than 50% following the acquisition.

John Mousell, Motor World's Managing Director, said: "This acquisition is great news for everyone involved, particularly staff, suppliers and customers.

"Motor World is a highly regarded retailer with more than 30 years' experience and this will strengthen our position in the retail market place.".