Founded in Ayr more than 60 years ago, McConechy’s has over 50 sites across Scotland and the north east of England and generates annual revenues of about £45 million. It employs some 330 staff. For those that live overseas, Halfords Group is Britain’s biggest engine frill and administration focus business giving drivers access to in excess of 900 help areas over the UK.
Halfords said the arrangement would build its impression, giving drivers access to in excess of 900 assistance areas over the UK.
Monetary terms encompassing the arrangement have not been uncovered.
Graham Stapleton, Managing Director of Halfords, depicted the securing as “profoundly corresponding” to the gathering’s administration drove methodology.
“The expansion of McConechy’s further reinforces our developing and special motoring administrations offer, which incorporates Autocentres, Halfords Mobile Expert and our WeFit benefits in our stores,” he said.
“The extra carports and vans increment our national nearness and takes Halfords to inside a 15-minute drivetime to over portion of UK families.
“The vehicle adjusting market is a £10 billion market, however one which remains profoundly divided, offering critical extension for Halfords’ trusted and perceived buyer brand to develop its piece of the overall industry extensively.”
Just as its physical destinations, McConechy’s works 100 vans crosswise over Scotland and the north of England.
Guides on the arrangement included PwC for Halfords, while the investors of McConechy’s were exhorted by a group from Grant Thornton’s corporate fund practice.
Award Thornton accomplice Neil McInnes said the family association’s greater part investor had chosen that currently was the ideal time to sell the business. He included: “This is an incredible result for our long-standing customer, which as a privately-run company has developed over numerous years into a multi-million-pound income organization giving a top notch administration and confided in counsel to its clients.
Previously we covered that Halfords had bought a stake in TyresOnTheDrive UK.