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Completed
Synopsis
Alliance Automotive Group, a distributor of light and commercial vehicle parts, completed the acquisition of Winparts, a distributor of vehicle spare parts and accessories. Financial terms were not disclosed. “The launch of PartsPoint and the acquisition of Winparts seem at first sight to be two separate things. Yet these are conscious steps. And there is definitely consistency. With PartsPoint, we will now fully focus on the automotive professional. Not on the private. Not anymore, because in the past it was mixed up. Now the private individual has his own channel within AAG: Winparts," Cor Baltus, Alliance Automotive Managing Director.
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