BCA Automotive, formerly Stobart Automotive, is now responsible for one in five finished vehicle movements in the UK, according to a statement issued to investors today. From 28 August 2015 (when BCA Marketplace acquired Stobart Automotive for £16m) to 3 April the division achieved a turnover of £44.3m and an adjusted EBITDA of £2.1m. BCA said that in the seven months since its acquisition, BCA Automotive had completed more than 600,000 vehicle deliveries throughout the UK and 250,000 fixed route […]
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, which owns WeBuyAnyCar.com, paid £16m in cash for Eddie Stobart’s automotive logistics business when it purchased it earlier this year.
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.