Kwik-Fit Sells Pit Stop to BluO

In 2007 Pit Stop set itself the goal of expanding its network from 400 to 750 outlets, however by the time of the sale the chain only totalled 408.

Ian Fraser, Kwik Fit Group CEO commented: “The German market has seen particularly tough trading conditions over the last two years and Pit Stop has not been able to deliver the same levels of growth as other Kwik Fit group companies – which are continuing to deliver impressive results in a challenging climate.”