Re: AP sold to the owners of ECP
Posted by Paul Gunstone on October 4, 2016, 2:35 pm, in reply to "Re: AP sold to the owners of ECP "
Andrew Page's official response:
I am writing to you with exciting news about the future of Andrew Page. You might have heard rumours and gossip about us recently, so I think it is important that you hear the truth directly from us.
We have been acquired by the LKQ Corpora tion. They are one of the giants of the automotive aftermarket, having grown from their roots of an American collision parts business to become a global player in alternative and speciality parts, body panels, paint and coatings, and even automotive glass. LKQ owns some of the biggest parts distributors in Europe, including Sator in Holland, and Rhiag in Italy, which also has operations in ten more European countries. Of course LKQ also has a leading position here in the UK, as they are the parent company of Euro Car Parts.
Andrew Page is in its 99th year, a tremendous achievement for any business, and we are obviously thinking about our centenary and beyond. One of the most important ingredients in our long and continued success has been our unwavering commitment to stock the right products, and give the right service, to help our customers' businesses thrive. I can assure you that Andrew Page is not about to be merged with another company, nor will i t turn into a copy of anyone. I am impressed and excited with the vision that LKQ have for Andrew Page, using their global scale and resources to help us become stronger, and an even better partner for you. Above all else, I can see how LKQ can help support Andrew Page's people to deliver our promises to you, giving you a real choice in this crowded market. My management team and I are looking forward to celebrating the 100th year of Andrew Page with you.
In short, the gossip about the future of Andrew Page couldn't be further from the truth. We have a bright, exciting future, backed by one of the largest and most capable players in the global automotive aftermarket. With their help, and with the know-how of our people, we plan to be around for the next 99 years, doing what we've always done – serving our customers.
I thank you for your continued loyalty to us, and I look forward to developing our businesses together in future.