22 May 2024
The voice of the independent garage sector

Investor Radial targets UK in Moss, Rimmer ‘merger deal’

US-based vehicles aftermarket investor Radial Equity Partners has announced investments in UK replacement parts suppliers Moss Motors and Rimmer Bros.

New York-headquartered Radial did not disclose financial details of the deal — described by Rimmer as a merger — that was unveiled on April 12.

Radial said the move would create “a leading, global speciality supplier of restoration and replacement parts” focused on British vehicle brands.

Moss, founded in 1948, is a California-based aftermarket supplier of parts for British cars, including Austin-Healey, Jaguar, MG and Triumph, as well as the Mazda MX-5.

The company offers more than 50,000 SKUs to a variety of retail customers, wholesalers, and service operations worldwide and runs six facilities across the UK, France and the US.

UK-based Rimmer, founded in 1982, operates a single site in Lincoln.
The firm supplies replacement parts for UK marque vehicles including Jaguar, Land Rover, MG, Mini, Rover and Triumph.

The company maintains a product library of more than 50,000 SKUs sold primarily on a direct-to-consumer basis.

Moss president Ed Moss said he welcomed the partnership as the firm transitions to its third generation of family ownership.

Rimmer founders Bill and Graham Rimmer said: “The merger of these highly complementary businesses creates a global business with immense R&D, sourcing, marketing and distribution capabilities to better serve our loyal customers.”

Radial partner Jim McDonough said the investment firm aimed to expand parts offered to existing British brands as well as new vehicle marques.