U.K. Retailer Halfords Has Acquired Auto Repair Network
By Gary Molinaro | April 28th, 2010 | Category: Service Executive News | No Comments »The Halfords Group — a U.K.-based auto parts, accessories and electronics retailer with roughly 470 stores — is expanding into the vehicle service and repair market by acquiring the Nationwide Autocentres auto repair chain for roughly $112.50 million in cash. Halfords plans to change the name of the auto repair chain to Halfords Autocentres and begin expanding the network by some 200 outlets at a rate of 25 per year. The Nationwide network currently has 224 locations across the United Kingdom. Halfords will retain the management team of Nationwide.
