ECP shakes up paint market with six acquisitions

Parts giant buys Iris Coatings and five other UK distributors

Published:  06 August, 2013

PAINT distribution and marketing firm Iris Coatings has been acquired by Euro Car Parts' owner LKQ Euro along with five other UK distributors for an undisclosed sum. As part of the acquisition, LKQ Euro has also gained a 100% shareholding in iris, the sales and marketing specialist for refinishing distribution.

This acquisition represents 26 locations nationwide effective from August 6th 2013. A number of managers from the acquired companies will head up the newly-formed LKQ Euro Paint and Refinish division.

Sukhpal Singh, MD of ECP and LKQ Euro commented: "Amongst the fastest growing businesses in their sector, these acquisitions represent an important step in our goal to continue to deliver the strongest value proposition enabling the collision repair industry, insurance companies and, of course, consumers to receive high quality products and exceptional service at competitive prices,"

The acquired businesses are:

JCA Coatings Ltd ("JCA")

9 branches in South / South West England and South Wales

Milton Keynes Paint & Equipment Ltd ("MKPE")

5 branches in South East England

Sinemaster Motor Factors Ltd ("Sinemaster")

8 branches in Midlands / North England and Scotland

Bee Bee Refinishing Supplies Halstead Ltd ("Bee Bee")

3 branches in Eastern England

Premier Paints Ltd("Premier")

1 branch in Romford, Essex

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