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<\/p>\n","protected":false},"excerpt":{"rendered":"Parts Holding Europe (PHE) has agreed terms to purchase a significant shareholding in Top Part, Ireland\u2019s largest motor factor group.<\/p>\n
The transaction is subject to approval by the Competition Authority and is expected to complete in the coming months<\/p>\n
PHE is a leader in the independent distribution of replacement parts for light and heavy vehicles in Western Europe, operating in France, Belgium, the Netherlands, Luxembourg, Italy, and Spain.<\/p>\n
In 2023, PHE reported revenue of circa \u20ac2.3 billion and the group employs over 9,500 people.<\/p>\n
All Top Part branches and all the staff in the group are being retained in the new entity.<\/p>\n
Top Part told AutoTrade.ie that all customers will continue to get the same great range of products and services, and in time that it expects to expand the available ranges.<\/p>\n
Management are enthusiastic for the future and will continue to focus on growing the business and PHE will provide additional support to do this, Top Part said.<\/p>\n
The same Management team remains, headed by Donie Dillane as Managing Director and Pat Daly as Finance Director.<\/p>\n
Peter Daly will also remain as Managing Director of Synergy Vehicle Refinishing Solutions Ireland.<\/p>\n
The Top Part name is well recognised and regarded in the Irish market, and therefore a spokesman said there will be no change in the name of the business or rebranding.<\/p>\n
\u201cTop Part will remain and operate in a similar way but with a parent company called Parts Holding Europe,” he added.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Parts Holding Europe (PHE) has agreed terms to purchase a significant shareholding in Top Part, Ireland\u2019s largest motor factor group.<\/p>\n","protected":false},"author":4,"featured_media":73321,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[7,1001,1802,1],"tags":[1480],"class_list":["post-73320","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aftermarket","category-irish-news","category-most-read","category-news","tag-top-part","cat-7-id","cat-1001-id","cat-1802-id","cat-1-id","has_thumb"],"yoast_head":"\n