Klarius Buys Quinton Hazell
On the 2 February 2010, automotive aftermarket manufacturing and distribution business Klarius completed the purchase of the Quinton Hazell automotive group (QH) from US-based Affinia. Quinton Hazell is headquartered in Leicester, England, with strong manufacturing and distribution assets in France, Germany, Italy and Spain. The purchase brings a wide range of well known automotive aftermarket and OEM brands together, combining extensive manufacturing resources from both companies with global sales and distribution networks, boosting the group’s annual turnover to over £350 million. According to Klarius, further acquisitions, which should the group’s turnover pass half a billion euros, are planned.