Idź do Transakcji
Motoryzacja

FAI Automotive has been acquired by Motus Holdings

FAI Automotive plc (FAI), one of the UK’s leading distributors of replacement automotive parts, has been sold to Motus Holdings, a South Africa-headquartered automotive group.

FAI is an “all makes” spare parts provider, with a range of over 25 product lines and 30,000 parts numbers, covering 64 vehicle manufacturers, including some of the world’s leading European, Japanese and Korean brands. FAI’s ever-growing export division serves over 60 countries around the world, and 50% of the company’s sales are generated from outside of the UK.

Listed on the Johannesburg Stock Exchange, Motus is South Africa’s leading automotive group, employing over 16,700 people globally. It is a diversified (non-manufacturing) business in the automotive sector, with unrivalled scale and scope in the country and a selected international presence primarily in the UK and Australia. Motus offers a differentiated value proposition to OEMs, customers and business partners with a fully integrated business model across the automotive value chain.

With FAI’s access to the key European aftermarket and ability to trade internationally, the acquisition will enable Motus to further its international growth strategy of increasing its presence in Europe and Southeast Asia. This includes establishing a distribution center in China to better serve its international client base with more products now sourced from the Far East.

Oaklins Cavendish, based in the UK, advised on the sale of FAI Automotive to Motus Holdings. Oaklins’ team in South Africa supported the transaction.

“The acquisition of FAI by Motus will bring us many synergies, with scope to expand our supply chains and product ranges as well as opportunities to enter new markets. Both existing and new customers will benefit from our core aims of best availability, best service, best quality and best price. Our business ethos is so closely aligned with that of Motus’ that the change of ownership will be seamless, but the benefits will be felt by all.”

Jonathan Alexander

CEO, FAI Automotive plc

Porozmawiaj z zespołem obsługi transakcji

 Peter  Gray

Peter Gray

Partner
Londyn, Wielka Brytania
Oaklins Cavendish
 Yaron  Zimbler

Yaron Zimbler

Dyrektor
Johannesburg, Republika Południowej Afryki
Oaklins Grindrod
 Soben  Durai

Soben Durai

Starszy Konsultant
Londyn, Wielka Brytania
Oaklins Cavendish

Powiązane transakcje

Omnetic, member of EAG Group, has raised growth capital from Kartesia and CVI
Motoryzacja | TMT

Omnetic, member of EAG Group, has raised growth capital from Kartesia and CVI

EAG Group has completed a first investment round for its Omnetic platform. The company was seeking growth capital of up to US$110 million in order to consolidate the CEE markets and finance its expansion to new geographies. The transaction was closed with Kartesia, the European specialist provider of capital solutions for small- and mid-sized companies, in partnership with CVI, a private debt investor based in Warsaw, Poland.

Więcej informacji
SAPA has acquired 100% of Promens Zevenaar and Promens Rongu
Motoryzacja

SAPA has acquired 100% of Promens Zevenaar and Promens Rongu

SAPA S.p.A., the One-Shot® company, engaged in the sustainable mobility solutions sector, announces a considerable expansion into the truck sector and in northern Europe with the acquisition of 100% of Promens Zevenaar (Netherlands) and Promens Rongu (Estonia). With this acquisition, SAPA bolsters its presence with major customers, including Volvo, Scania and Daimler Truck.

Więcej informacji
Eterna has acquired Mercadeo Sin Límites
Motoryzacja | Dobra konsumpcyjne i handel detaliczny

Eterna has acquired Mercadeo Sin Límites

Eterna has acquired Mercadeo Sin Límites SAS to broaden its air fresheners and automotive care product portfolio.

Więcej informacji