The integration of Stobart Automotive and Paragon Automotive at BCA Marketplace as its Automotive Services division is “progressing well” after seeing major increases in turnover and EBITDA in the first half of its financial year. BCA Marketplace bought Stobart Automotive (formerly Autologic) from Eddie Stobart Logistics in August 2015, and in June it bought Paragon Automotive for £105m – with Stobart having previously sold Autologic’s automotive after-sales decision to Paragon in 2013. The two now form part of a new […]
Eddie Stobart’s automotive logistics business – formerly Autologic – has been sold to BCA Marketplace, an automotive support services company best known for consumer brand Webuyanycar.com. BCA Marketplace was bought earlier this year by an investment vehicle formed by Avril Palmer-Baunack- the former chairwoman of Stobart and chief executive of Autologic.
Talks are due to take place between Stobart Automotive and union Unite after workers at what was formerly Autologic voted in favour of strike action.