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    DBS names Gautam Banerjee to Board of Directors

    DBS Gathers Global Leaders At Inaugural Asia Future Forward Conference As AI Rewrites The World

    Novo and Hengrui Pharma enter exclusive license agreement for once-weekly oral GLP-1/GIP dual receptor agonist HRS-1596

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    Beyond Ritualism: Experts at Sringeri Math Advocate for Scriptural Literacy and Inter-Generational Knowledge Transfer.

    Tata CLiQ announces 10.10 sale

    Make every festive pick a 10.10 with Tata CLiQ’s flagship festive sale.

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    Historic First for Jammu & Kashmir (UT): Mining Development Begins with Successful Auction of Two Mineral Blocks

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    Government Extends Remission of Duties and Taxes on Exported Products ( RoDTEP) Scheme upto 31st December 2026

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    The Business of Preventive Care: Ramaiah Memorial Hospital Unveils ‘Don’t Miss A Beat’ Multichannel Wellness Initiative.

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    JBM Capitalises on NCR Mega-Factory to Control 24% of H1 FY27 Electric Bus Registrations

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    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

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    Pepe Jeans London Marks Bengaluru Expansion with Three Upgraded New Experience Stores in One Day

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PSA Aftermarket acquires Amanhã Global to accelerate the circular economy of multi-brand spare parts.

FWM by FWM
July 23, 2020
in National
0
PSA Aftermarket has acquired Amanhã Global and its e-commerce platform B-Parts.com by acquiring a majority stake in the capital of the company. The acquisition of this sector leader in re-use parts (Reuse) aims to complete PSA Aftermarket’s conquest strategy in the circular economy, underpinned by a target of tripling turnover by 2023. As part of this friendly takeover, the management of Amanhã global, recognized for its competence and of parts expertise, will be fully maintained in its functions

Approaching a business leader with a large customer base

Amanhã Global, which joins the ecosystem of PSA Aftermarket, is a company of Portuguese origin, based in Porto and specialised in the reuse. Its existing market base is global with business activities firmly deployed in fifteen countries with both to BtoB and BtoC clients. Rapid developments are expected thanks to the combination of Amanhã Global’s recognized expertise and the strength of PSA Aftermarket’s customer base, which has more than 100,000 points of contact worldwide. Synergies will also be sought systemically with the various entities making up the PSA Aftermarket ecosystem.

A room for all budgets around the world, an eco-responsible approach

The acquisition of Amanhã Global is part of the change in the business model of PSA Aftermarket, the aim of which is more than ever to meet the expectations of all after-sales customers worldwide, regardless of their purchasing power, make or age of their vehicle.

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With this takeover of a leading operator in the circular economy, PSA Aftermarket intends to be able to supply automotive spare parts for all budgets, in all global markets.

This approach will also actively contribute to reducing the environmental footprint of PSA Aftermarket and Groupe PSA, as reuse parts achieve a 100% reduction of raw material used when compared to the manufacture of new parts.

Christophe Musy, Senior Vice President PSA Aftermarket said : “Our strategy is to meet the expectations of all after-sales customers worldwide, regardless of their purchasing power, the brand and the age of their vehicle. This investment allows us to enter the heart of the reuse parts value chain, which is one of the 3 pillars of the circular economy offer. It thus reinforces our global offensive aiming to be a leader both in standard exchange (Reman), repair (Repair), and re-use (Reuse), in order to be able to respond in a relevant manner and all over the world to customers concerned about ” an economical and responsible alternative offer. Groupe PSA is firmly committed to reducing its carbon footprint, right down to vehicle maintenance. “

Manuel Araújo Monteiro and Luis Sousa Vieira, Managing Directors of Amanhã Global said: “B-Parts is the European leader in used car parts. The acquisition by PSA is a win-win agreement that will allow us to change dimension: for PSA by being the first manufacturer to take a position on a market for used parts and for B-Parts, a unique opportunity to access the network of PSA clients. This agreement promotes the B-Parts model and will allow us to accelerate our development in geographic areas other than the European market. This is our common target for the next few years. ”

 

Tags: Amanhã GlobalPSA Aftermarket
FWM

FWM

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