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Nationwide Autocentre
Halfords Autocentre is a car servicing and repair company in the United Kingdom, specialising in car servicing, MOT testing, brakes, tyres, Exhausts, and air conditioning services/repairs. As of 2018, there are 314 autocentres in the United Kingdom. History Nationwide Autocentre was founded in January 2001, as a former subsidiary of Lex Autocentres, owned by Lex Service plc when it was under the leadership of Andy Harrison. Since 1999, these were part of the RAC's motoring division, when it was bought by Lex. 41 former Lex Autocentres became Nationwide Autocentres when the company was formed by private equity group NGBI ( National Bank of Greece Private Equity), who sold their stake in February 2006, when the chief executive was Tom Dunn. From 2006, it was owned by five managers in a management buyout. Prior to 1993, it was originally known as Lucas Autocentres, with 62 garages. Acquisitions It bought 96 Lex Autocentres from the RAC in April 2002, and 54 Stop'n'Steer g ...
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Redditch
Redditch is a town, and local government district, in north-east Worcestershire, England, approximately south of Birmingham. The district has a population of 85,000 as of 2019. In the 19th century, it became the international centre for the needle and fishing tackle industry. At one point, 90% of the world's needles were manufactured in the town and its neighbourhoods. In the 1960s, it became a model for modern new town planning. History The first recorded mention of Redditch (''Red-Ditch'', thought to be a reference to the red clay of the nearby River Arrow) is in 1348, the year of the outbreak of the Black Death. During the Middle Ages, it became a centre of needle-making and later prominent industries were fish-hooks, fishing tackle, motorcycles and springs, the last of which was notably undertaken by Herbert Terry and Sons. Redditch was designated a new town on 10 April 1964, and the population increased dramatically from 32,000 to around 77,000. Housing development ...
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Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ...
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Companies Based In Solihull
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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ATS Euromaster
ATS Euromaster is the British affiliate of the European tyre service provider Euromaster. ATS Euromaster was first established in 1965, and the company now has a network of service centres in the United Kingdom; with centre locations throughout the United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan .... Operations ATS operates a number of centres equipped for both car and van MOTs and servicing. References Retail companies of the United Kingdom Michelin Retail companies established in 1965 Companies based in Birmingham, West Midlands Automotive companies of the United Kingdom Automotive repair shops British companies established in 1965 1965 establishments in England {{England-company-stub ...
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Kwik Fit
Kwik Fit is a car servicing and repair company in the United Kingdom, specialising in tyres, brakes, exhausts, MOT testing, car servicing, air conditioning recharge, oil changes. As of , there are over six hundred Kwik Fit locations in the United Kingdom. Kwik Fit also has location in continental Europe. History Sir Tom Farmer opened the first Kwik Fit location in McDonald Road, Edinburgh, Scotland, in 1971. In May 1995, Kwik Fit Insurance, part of Kwik Fit Financial Services, was formed, and has since grown to become one of the leading car insurance distributors in the United Kingdom. In October 1999, Kwik Fit had grown to over two thousand locations throughout Europe, and Farmer sold the company to the Ford Motor Company for US$1.6bn. A decision by Ford to concentrate on its core business, led to the sale of Kwik Fit in August 2002, to CVC Capital Partners. In June 2005, Kwik Fit was sold for £800m, to PAI Partners, a leading French-based private equity firm. The Kwik ...
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The Independent
''The Independent'' is a British online newspaper. It was established in 1986 as a national morning printed paper. Nicknamed the ''Indy'', it began as a broadsheet and changed to tabloid format in 2003. The last printed edition was published on Saturday 26 March 2016, leaving only the online edition. The newspaper was controlled by Tony O'Reilly's Irish Independent News & Media from 1997 until it was sold to the Russian oligarch and former KGB Officer Alexander Lebedev in 2010. In 2017, Sultan Muhammad Abuljadayel bought a 30% stake in it. The daily edition was named National Newspaper of the Year at the 2004 British Press Awards. The website and mobile app had a combined monthly reach of 19,826,000 in 2021. History 1986 to 1990 Launched in 1986, the first issue of ''The Independent'' was published on 7 October in broadsheet format.Dennis Griffiths (ed.) ''The Encyclopedia of the British Press, 1422–1992'', London & Basingstoke: Macmillan, 1992, p. 330 It was produc ...
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The Automobile Association
AA Limited, trading as The AA (formerly The Automobile Association), is a British motoring association. Founded in 1905, it provides vehicle insurance, driving lessons, breakdown cover, loans, motoring advice, road maps and other services. The association demutualised in 1999, to become a private limited company, and from 2014 a public limited company (PLC). In 2002 the AA Motoring Trust was created to continue its public interest and road safety activities. In 2021, a consortium led by Tower Brook Capital Partners and Warburg Pincus completed the acquisition of AA Limited (formerly known as AA PLC). History Charitable association The Automobile Association was founded in 1905, to help motorists avoid police speed traps, in response to the Motor Car Act 1903 which introduced new penalties for breaking the speed limit, for reckless driving with fines, endorsements and the possibility of jail for speeding and other driving offences. The act also required drivers to hold a dri ...
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Automotive Technician Accreditation
The Automotive Technician Accreditation (ATA) is a trade qualification for all facets of automotive repair in the United Kingdom. It is a voluntary scheme (not legally binding) similar to that for electricians run by the NICEIC and similarly, is not government-run. History It began in June 2005. It was introduced because the level of complexity required to maintain cars needed more competent technicians, from ''ATA-registered'' garages. Around 25,000 mechanics are ATA-registered. Management It is run by IMI Awards Ltd - IMIAL, a not-for-profit organisation that is part of the Institute of the Motor Industry (formerly Automotive Skills), based in Brickendon, Hertfordshire near Bayford railway station south of Hertford. They maintain a register of ATA qualified technicians. The IMI is the main national training organisation for automotive mechanics in the UK. The accreditations are a part of the (national) Qualifications and Credit Framework. IMIAL has around 21 full-time staff ...
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Solihull
Solihull (, or ) is a market town and the administrative centre of the wider Metropolitan Borough of Solihull in West Midlands County, England. The town had a population of 126,577 at the 2021 Census. Solihull is situated on the River Blythe in the Forest of Arden area. Solihull's wider borough had a population of 216,240 at the 2021 Census. Solihull itself is mostly urban; however, the larger borough is rural in character, with many outlying villages, and three quarters of the borough is designated as green belt. The town and its borough, which has been part of Warwickshire for most of its history, has roots dating back to the 1st century BC, and was further formally established during the medieval era. Today the town is famed as, amongst other things, the birthplace of the Land Rover car marque, the home of the British equestrian eventing team and is considered to be one of the most prosperous areas in the UK. History Toponymy Solihull's name is commonly thought to have deri ...
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Derby
Derby ( ) is a city and unitary authority area in Derbyshire, England. It lies on the banks of the River Derwent in the south of Derbyshire, which is in the East Midlands Region. It was traditionally the county town of Derbyshire. Derby gained city status in 1977, the population size has increased by 5.1%, from around 248,800 in 2011 to 261,400 in 2021. Derby was settled by Romans, who established the town of Derventio, later captured by the Anglo-Saxons, and later still by the Vikings, who made their town of one of the Five Boroughs of the Danelaw. Initially a market town, Derby grew rapidly in the industrial era. Home to Lombe's Mill, an early British factory, Derby has a claim to be one of the birthplaces of the Industrial Revolution. It contains the southern part of the Derwent Valley Mills World Heritage Site. With the arrival of the railways in the 19th century, Derby became a centre of the British rail industry. Derby is a centre for advanced transport manufactur ...
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