Unipart Comment on Recent Press Activity
Unipart Automotive, the branch network which was previously known as Partco, was sold by
Unipart Group to a company controlled by H2 Equity Partners in 2011. Unipart Group
retained an equity stake, but a condition of the sale was that Unipart Group exercised no
control over the business.
Unipart Automotive was granted a restricted licence to use the Unipart brand on a limited
range of wholesale outlets and a tightly controlled range of automotive car parts.
Recent press coverage has confused Unipart Automotive with Unipart Group. Some facts
have been incorrect. For instance, Unipart Automotive was referred to as being part of
British Leyland. This is incorrect; Partco was not part of British Leyland.
It is important to note that Unipart Group and Unipart Automotive are different companies.
Unipart Group continues to have a strong balance sheet and strong growth with a range of
blue chip clients in its core business in manufacturing, logistics and consultancy sectors