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Is Unipart Automotive being lined up for sale to Euro Car Parts?

Author: Tyrepress Editors Comments: 1
Unipart Automotive rescue Back in 2014 the question was, Will Euro Car Parts be involved in any kind of Unipart Automotive rescue plan?

With numerous sources reporting that loss-making parts firm Unipart Automotive is just days away from a rescue plan (which you might read as a sales of the company), and with at least three bidders being associated with the deal, fast-growing rival Euro Car Parts could be seen as a front runner. But first a little background. Following the initial news reports Unipart Automotive was close to calling in the administrators on 8 July, a day later minority shareholder Unipart Group clarified its relationship to Unipart Automotive:

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Related news:

  1. ‘Loyal’ Unipart Automotive staff in quandary while takeover talks continue
  2. Are Unipart Automotive rescue bids in?
  3. Andrew Page, The Parts Alliance buy 33 Unipart Automotive branches
  4. New bidders enter into Unipart Automotive rescue talks
Comments
William Blair in favour of a Euro Car Parts rescue of Unipart Automotive July 18, 2014
[…] Chris Anthony Investment bank William Blair said it views a potential rescue deal between Euro Car Parts and Unipart Automotive, if it were to happen, as “a good fit”. However, these words were written in an investor’s […]
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