Car parts manufacturer Fras-le has acquired Doncaster-based AML Juratek in an £18.2m investment.
AML Juratek is the controller company of Juratek and BettaParts, which operate in the UK and in the European aftermarket, commercialising braking products such as brake discs, brake pads, calipers and actuators.
“This movement is part of our strategy of expanding the business in the aftermarket sector inserting the company in mature markets such as the European one, through product diversification and brand expansion in the portfolio,” says Fras-le’s Managing Director, Anderson Pontalti.
In 2022, AML Juratek recorded revenues of approximately £25m.
“With this strategic action we reaffirm our position as one of the largest portfolios of brands for the auto parts aftermarket, expanding the model that has been working in Brazil for new markets; allowing even more growth, important operational synergies and adding value to our business and quality in delivering solutions to our customers,” added the president and CEO of Fras-le, Sérgio L. Carvalho.
