Unipart Automotive enters administration, Andrew Page/Parts Alliance JV saves 33 branches

After two weeks of intensive rescue talks, Unipart Automotive has failed to find a buyer and called in administrators KPMG. Immediately afterwards administrators sold part of the business in a joint deal to car parts/workshop equipment distributors Andrew Page and The Parts Alliance. The deal will see Andrew Page acquire 21 branches and The Parts Alliance a total of 12. A total of 361 staff employed across these sites have transferred to Andrew Page and The Parts Alliance with immediate effect. Andrew Page announced it had rejoined The Parts Alliance on 8 July, the same day the news broke that Unipart Automotive had put the administrators on alert and was seeking out a rescue plan.

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Comments
What next for Unipart workers? July 28, 2014
[…] Chris Anthony When the news broke that Unipart had entered administration, it will have been something of a blow for the 1800-odd “loyal” employees of the company. […]
Euro Car Parts to create 1500 jobs over the next 18 months July 28, 2014
[…] the collapse of Unipart Automotive last week, competitor and former front-runner in potential rescue talks, Euro Car Parts, has […]
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