BCA Marketplace has acquired the UK automotive services group Paragon Automotive and its subsidiary companies.
BCA Marketplace has announced its maiden financial results showing the volume of vehicles sold in its UK remarketing operation rose 7.9% in the year to April 3.
BCA has appointed Dean Hulse to head up its logistics operation as it bids to strengthen its team to support its “ambitious” expansion plans.
BCA has signalled its goal to deliver Pan-European supply chain solutions with the appointment of Konrad Zwirner into the new role of European strategic development director.
Stockbroker Zeus Capital Research has reiterated its stance on BCA Marketplace and says the market dynamics remain positive for the remarketing and automotive services group.
BCA has appointed Pendragon’s Tony Booth as managing director of its technical services division.
BCA has begun the re-branding of its former SMA centres with the official opening of its Leeds centre.
Data from the major motor auctions shows that ex-fleet stock is failing to reach the values of a year ago, although dealer part-exchanges are faring better.
BCA Marketplace plc is aiming to continue in its bid to offer “joined-up services” for its customers with the acquisition of Ambrosetti – specialist in the preparation of new and used vehicles.
Motorpoint is said to be on the brink of floatation on the stock market after being buoyed by the performance of the Auto Trader Group.
BCA Marketplace plc has made Mike Pilkington Chief Operating Officer of BCA Services as the business aims to implement its “ambitious plans”.
BCA Marketplace saw its revenues increase by 20% to £525.8 million, but profits were dulled by its acquisition of SMA Group for £42m this summer.
BCA Marketplace’s performance since its acquisition has been described as positive this morning in a trading update for the second quarter of 2015.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues