WAI Global acquires Wood Auto owner PSH
11 December 2024 
WAI Global has completed the purchase of Pos Service Holland (PSH), owner of Huddersfield-based starters and alternators distributor Wood Auto, from Nordian Capital Partners.
WAI said the acquisition, for an undisclosed sum, will boost the group’s growth plans and firm up its standing as one of the largest global suppliers of new rotating electrical parts.
PSH, headquartered in the Netherlands, is a market leader in high-quality rotating electrical products across automotive, truck, agricultural, shipping, and industrial sectors throughout Europe.
From its origins as a battery repair and servicing centre, Wood Auto has grown to become a leading UK distributor of OE and aftermarket auto-electrical products, with sites in several countries.
Richard Welland, president of WAI Europe, said: “PSH’s expertise in rotating electrical components and its strong distribution network perfectly complement WAI’s European portfolio and global reach.”
Photo: Richard Welland (left) with PSH’s CEO Alexander Kam