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

Comunicato Stampa disponibile solo in lingua originale. 

PSA Aftermarket has acquired #amanhaglobal 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 #amanhaglobal, 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 #psaaftermarket, 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 #psaaftermarket ecosystem. 

Increase efficiency and generate new business opportunities

This acquisition completes the existing system of #psaaftermarket in the area of ​​re-use parts (Reuse), which is one of the three pillars of the circular economy alongside repair (Repair) and re-manufacturing (Reman), the “3R” of this booming economy.

A partnership agreement was signed in January 2019 with INDRA, the French leader in re-employment.

These two highly complementary systems thus provide #psaaftermarket with market coverage and benchmark expertise at the international level. This acquisition fuels the ambition that #psaaftermarket has set itself to triple its turnover in the circular economy between 2018 and 2023. 

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

The acquisition of #amanhaglobal is part of the change in the business model of #psaaftermarket, 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.

With this takeover of a leading operator in the circular economy, #psaaftermarket 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 #psaaftermarket 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 #psaaftermarket 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 #amanhaglobal 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. "