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AFCAR set up to lobby for aftermarket
- 22/07/2021
- Posted by: Alan Feldberg
- Category: News
A coalition comprising automotive trade associations and commercial organisations has been formed to lobby the UK government of behalf of the independent aftermarket. The independent aftermarket directly employs more than 350,000 skilled staff in more than 50,000 locations. The UK Alliance for the Freedom of Car [...] -
Axalta to acquire U-POL
- 08/07/2021
- Posted by: Alan Feldberg
- Category: News
Axalta will acquire U-POL from Graphite Capital Management and other holders for £428m. The acquisition is expected to finalise in the second half of the year and result in operating synergies and efficiencies of more than £7m within 18 to 24 months. Further efficiencies are expected in the longer term as Axalta [...]