https://www.engineeringnews.co.za
Automotive|Business
Automotive|Business
automotive|business

Motus acquires Motus Parts Direct in the UK

4th October 2022

By: Schalk Burger

Creamer Media Senior Deputy Editor

     

Font size: - +

South African automotive group Motus has acquired 100% of UK-based business-to-business parts distribution business Motor Parts Direct for R3.64-billion.

The acquisition was funded using available cash and banking facilities, and is aligned to Motus’ international growth strategy for its Aftermarket Parts business.

The acquisition will further strengthen its integrated business model and reduce the group’s dependency on vehicle sales, the company says.

“Motus remains focused on deepening its competitiveness and relevance across the full automotive value chain. The acquired business is cash generative and asset light. It will provide economies of scale, procurement benefits and synergies.

"Key management have been secured and are committed to continue managing the business,” says Motus CEO Osman Arbee.

Motor Parts Direct has a network of 175 branches that supply motor vehicle parts primarily to the passenger and light commercial vehicle sector, as well as to workshops in and around the UK and Wales.

Motor Parts Direct has a customer base in excess of 14 000 customers and employs about 1 700 employees.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

VISIT SHOWROOM 
Actom image
Actom

Your one-stop global energy-solution partner

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 10 May 2024
Magazine round up | 17 May 2024
17th May 2024
Photo of Martin Creamer
On-The-Air (10/05/2024)
10th May 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.295 0.353s - 169pq - 2rq
Subscribe Now