Maccess in administration

31 March 2015  

Car accessory wholesaler Maccess has gone into administration with the loss of 350 jobs.

The chain has appointed BDO LLP to oversee the process, which will result in the closure of 11 Maccess cash & carry outlets, 34 Pacific Retail Ltd store closures and 6 for Godfrey Autoparts. Group parent Tetrosyl Ltd has announced plans to purchase from the administrators the business of some 32 former Pacific Retail Ltd branches to operate from them under the trading style of Motor World. The company has also bought the Maccess domain name online, with customers now able to log into the Tetrosyl Express website.

A statement issued by Maccess said, “The wholesale and retail stores have suffered in recent years due to the difficult economic climate being experienced within the automotive trade sector.

“The group has invested heavily, both in time and money, in all areas of these businesses in order to effect a turn-around and bring them into profitability.

“However, despite best efforts, it has not been able to achieve this and the businesses continue to lose money and are therefore no longer viable.”