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  #1  
Old 12-05-2011, 07:39 AM
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Default AHG buys Coventry's

Just seen an email at work saying that AHG has bought all 26 Coventry's depots in WA.

Didn't see that coming.
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Old 12-05-2011, 07:54 AM
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cov's was already on its knees, so i assume it was a cheap and easy pickup!

wonder how they compete with AMCAP now.
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Old 12-05-2011, 08:15 AM
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Umm news to me!! I will check when I get to work.. Last new letter that came out said we where flying along.
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Old 12-05-2011, 08:25 AM
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AHG buys parts dealer, cold freighter
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Old 12-05-2011, 09:34 AM
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Amcap will just double in size is my guess.
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Old 12-05-2011, 10:12 AM
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Yeah, thats how i read it.. will just be used as a way for AMCAP to grow.
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Old 12-05-2011, 10:38 AM
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Coventry's is going to be rebranded as Cov's, run in conjunction with existing AMCap operation. Just gives Cov's bigger buying power ($3 billion vs $100 million companies).

Terry Veale must be feeling a little concerned though...
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Old 12-05-2011, 10:41 AM
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^This is corect

On the other hand we can all purchase Genuine subaru parts at "covs".....YAY

my job is safe....
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Old 12-05-2011, 10:50 AM
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Wow, that is pretty crazy.
AHG has such a strong force in the automotive industry, pitty they treat their staff like crap and only care about making budget.
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Old 12-05-2011, 10:51 AM
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Quote:
Originally Posted by RSR-WRC View Post
^This is corect



On the other hand we can all purchase Genuine subaru parts at "covs".....YAY



my job is safe....



excellent news
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