LKQ Corporation today announced that its United Kingdom subsidiary, Euro Car Parts (ECP), has acquired substantially all the business assets of Andrew Page Limited.
UK C.E.O, Martin Gray said: “I am delighted to confirm that the future of the Andrew Page business has been secured, which celebrates its UK centenary next year.
“We remain committed to assuring that the iconic Andrew Page brand continues to thrive and will remain separate from Euro Car Parts, but will benefit from our UK infrastructure, inventory and the financial support from the LKQ Corporation.”
It’s been confirmed that Mark Saunders will remain as managing director of Andrew Page and EEC has said it’s committed to retaining all team members.
UK Chairman and LKQ board member, Sukhpal Singh Ahluwalia said: “As a competitor, I have always had the greatest respect and admiration for Andrew Page and the brand.
“The acquisition by LKQ firmly demonstrates our ongoing commitment to the UK market, which includes their investment in the Euro Car Parts brand new 1.6M sq. ft. distribution centre, located in Tamworth and our recent acquisition of Arleigh, a specialist leisure wholesaler.”