Car parts depots ‘must be sold’ for merger to proceed
A number of car parts depots will have to be sold in order for the merger of Andrew Page and Euro Car Parts to proceed, the competition watchdog has found.
The acquisition of automotive parts and garage equipment supplier Andrew Page by the US owner of Euro Car Parts could damage competition in 10 local areas, an investigation panel has said.
Andrew Page, which has its HQ in Leeds, was bought in a pre-pack deal by LKQ Corporation in October 2016, a move which safeguarded the future of the company’s 2,000-strong workforce.
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