Metcash – acquisition of Australian Truck & Auto Parts
Miles Advisory Partners advised Metcash on its acquisition of the Australian Truck & Auto Parts (S.A.) group.
Transaction Details
Sector
Consumer
Miles Role
Buy-side advisor to Metcash
Deal Type
Mergers & Acquisitions
Year Completed
2013
Contacts for this Transaction
Lloyd Way
Managing Director
Overview
- Australian Truck and Auto Parts (ATAP) is an automotive aftermarket business specialising in brake, steering and suspension products, and included the Auto Brake Service (ABS) national franchise network of brake, steering and auto-repair specialists
- Miles was engaged to advise Metcash on the acquisition, made through its automotive distribution arm
- The acquisition expanded Metcash’s automotive division, adding product distribution and a national service-franchise network to its existing aftermarket portfolio
Industry Context
The Australian automotive aftermarket has been a focus of roll-up activity, as distributors build scale across parts supply and aligned service-franchise networks to capture more of the value chain. Brake, steering and suspension consumables offer recurring, non-discretionary demand tied to the large, ageing national vehicle fleet. Combining product distribution with a service-and-repair franchise deepens customer relationships and channel control.
