news ROOM
Liqui Moly sold to Würth
German lubricant specialist Liqui Moly has been bought by the giant retailer , wholesaler and manufacturer Künzelsauer Group . Prior owner Ernst Prost , 60 , will remain as Managing Director of Liqui Moly . It is said that in day-to-day business terms the change of ownership at Liqui Moly is unlikely to result in dramatic changes - business as usual appears to be the message with company will remain independent within the Würth Group and all employees will be taken over . “ Everything remains as it is . It would be nonsensical to change anything on the road to success in
recent years . It goes on as before - just under a larger roof , which offers more protection ,” said Prost . According to Prost , Liqui Moly is “ very healthy ”, with the equity ratio at over 80 percent . In 2016 the company achieved a turnover of 489 million euros with some 800 employees . Würth / Künzelsauer Group ( itself still a family business ) has around 73,000 employees worldwide , with annual sales of 12.5 billion euros and has been a silent partner in Liqui Moly for almost 20 years . Founded in 1957 , Liqui Moly develops and produces exclusively in Germany , with around 4,000 automotive chemicals , motor oils and additives , greases and pastes , sprays and car care , glues and sealant items - selling in more than 120 countries . www . liqui-moly . com
Ernst Prost , 60 , will remain as Managing Director
Parts Europe wins award
German industry magazine Bike und Business awarded Parts Europe their Accessories & Spare Parts “ Best Brands 2017 ” award at their 11th annual industry awards event – the third year in succession that Parts Europe has won at the B & B awards . The Wasserliesch ( near Trier ), Germany based distributor was chosen by German dealers ( readers of B & B ) who evaluate how satisfied they are with their suppliers ' work by giving grades . The factors that have been evaluated were the product quality , the technical support , the service , the ability to deliver and the dealer support in marketing and sales . The survey was based on randomly chosen recipients of Bike und Business magazine ( from July 11 to September 13 ) with independent specialist DataM Services GmbH conducting 515 complete telephone interviews . Second place in the Accessories & Spare Parts category went to HS- Motorradteile , Mannheim , with Wieres Motorrad-Zubehör , Bonn , third . Congratulations to all the winners and especially to Parts Europe ’ s German sales team for the quality service they have been giving their dealers ! www . partseurope . eu
12 INTERNATIONAL DEALER NEWS - FEBRUARY / MARCH 2018