MOTOR spares business Andrew Page – which has a branch in Keighley – has been acquired by LKQ Corporation, which already owns Euro Car Parts in the UK.
Founded in 1917, Page employs 2,000 staff.
Administrators from PwC were appointed to Andrew Page Limited and its associated companies and completed a pre-packaged sale of 102 branches, its national distribution centre and corporate office to Euro Car Parts.
Euro Car Parts chief executive Martin Gray said: “We remain committed to assuring that the iconic Andrew Page brand continues to thrive.
“It will remain separate from Euro Car Parts, but will benefit from our UK infrastructure, inventory and the financial support from the LKQ Corporation.”
Jim Sumner, Andrew Page chairman, said: “The strategic acquisition by LKQ recognises that Andrew Page is a strong business with a historic brand.
“We are pleased at the completion of the sale, which brings the business and its employees into a global group with more than $8 billion in sales.”
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