South African automotive group Motus has acquired 100% of UK-based business-to-business parts distribution business Motor Parts Direct for R3.64-billion. The acquisition was funded using available cash and banking facilities, and is aligned to Motus’ international growth strategy for its Aftermarket Parts business.
Motus acquires Motus Parts Direct in the UK
2022-10-04T12:26:20+01:00October 4th, 2022|