A1 Motor Stores joins Global One Automotive
A1 Motor Stores, an automotive aftermarket buying and distribution group, has announced its partnership with Global One Automotive, an automotive alliance of trading groups.
Effective 1st July, 2024, A1 Motor Stores will become a shareholder of Global One Automotive, marking a milestone in its growth strategy.
It’s said the decision to join Global One Automotive aligns with A1 Motor Stores’ commitment to enhancing its presence and competitiveness within the UK automotive aftermarket. By joining forces with the alliance, A1 Motor Stores aims to fortify its members’ positions and empower them with greater resources and networking opportunities, according to the company.
Global One Automotive, with a reported 18 shareholders spanning 22 countries and a combined turnover of €3.5 billion, offers a platform for collaboration and growth. The alliance boasts a supplier base comprising over 60 OE and aftermarket brands, providing A1 Motor Stores and its members access to what it claims is a range of products and market insights.
Simon Salloway, Managing Director of A1 Motor Stores, stated: “This new alliance underlines our ambition to strengthen our presence in the automotive aftermarket. Membership of Global One Automotive will empower us to support independent member businesses through increased competitiveness, best practices, and global market insights.”
Ingo Reiff of Global One Automotive commented: “We welcome A1 Motor Stores as a shareholder of Global One Automotive. Their ethos and philosophy align perfectly with our own, representing family-owned and managed aftermarket businesses committed to offering the best automotive components and brands.”
