A Solihull-based distributor of automotive parts has continued its expansion plan by completing a second deal after being bought out by a private equity firm HgCapital.
The Parts Alliance has brought Leeds-based motor factor Andrew Page into the alliance as an associate member which has added 93 branches and more than £170 million in turnover to the group.
Parts Alliance is an automotive buying and distribution group operating in the UK and Ireland and its members trade under local brand names, organised into the Western Alliance and the Eastern Alliance.
Group membership now stands at 248 branches with a total turnover above £475 million.
Andrew Page was one of the founding partners of the alliance in 1999 and returns following a six-year absence, bringing with it another former member, Camberley Auto Factors, which it acquired in 2012.
As an associate member, Andrew Page will continue to trade as an independently owned business.
Parts Alliance chief executive Peter Sephton said: "Andrew Page is a long-established major force in the automotive aftermarket, it is thrilling to have the business back in the fold.
"I and my colleagues can't wait to start working closely with chairman Jim Sumner and all his team and sharing best-in-market systems and practice that exist across The Parts Alliance group and Andrew Page.
"The addition of Andrew Page adds significantly to our national strength and coverage, with delivery at a truly local level."
Last month, the alliance announced it had bought Bromsgrove Motor Factors and said it was focused on becoming a £1 billion turnover group through organic growth and acquisition.
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