M&A Deal Summary

Halfords Group Acquires Nationwide Autocentres

On February 18, 2010, Halfords Group acquired automotive company Nationwide Autocentres for 73M GBP

Acquisition Highlights
  • This is Halfords Group’s 1st transaction in the Automotive sector.
  • This is Halfords Group’s largest (disclosed) transaction.
  • This is Halfords Group’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2010-02-18
Target Nationwide Autocentres
Sector Automotive
Buyer(s) Halfords Group
Deal Type Add-on Acquisition
Deal Value 73M GBP

Target

Nationwide Autocentres

Solihull,West Midlands, United Kingdom
Nationwide Autocentres was formed to implement a “Buy & Build” strategy in the independent car servicing sector. The initial 41 centres (£10m sales) were grown by acquisition to 213 centres (£80m sales) at exit making Nationwide the UK’s leading chain of vehicle repair specialists.

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Buyer(S) 1

Buyer

Halfords Group

Redditch, United Kingdom
Category Company
Founded 1892
Sector Retail
Employees11,000
Revenue 1.6B GBP (2023)
DESCRIPTION

Halfords Group is an entity which manages its business in the United Kingdom (UK) and the Republic of Ireland (ROI) and its product ranges are marketed through a national network of stores and through an innovative multi-channel offer which combines website promotion with direct delivery or collection from store, backed up by in-store services. Halfords Group was founded in 1892 and is based in Redditch, the United Kingdom.

DEAL STATS #
Overall 1 of 4
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 4
Country (United Kingdom) 1 of 4
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-04 Boardman Bikes

London, United Kingdom

Boardman Bikes Ltd. is a retailer of bicycles.

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