Unipart and H2 Equity complete deal

Unipart Group and H2 Equity Partners have officially completed the previous announced deal that sees H2 acquire a controlling stake in Unipart Automotive, one of the UK’s largest independent suppliers of car parts, workshop consumables and garage equipment.

The agreement was completed on 30 September 2011 and gives H2 Equity Partners majority ownership in the UK operation. Unipart Group will retain a 49.9 per cent share and Patrick Kalverboer, managing partner at H2, will become executive chairman of the new company.