[Fot] Moss and Rimmer Bros bought by equity firm

[Gary Swanson]

My somewhat limited experience in the M&A industry says that the
consolidation of 2 significant players in a market can lead to better price
control by the acquirer.  Read that - higher pricing to the customer due to
reduced competition.  Hope I'm wrong...

On Sun, Apr 14, 2024 at 11:32 AM R. John Lye via Fot <fot at autox.team.net>
wrote:

> That does not sound good at all to me.  Rather worrying, I would say.
>
> John
>
> On Sun, 14 Apr 2024 07:11:29 -0400, Mike Harmuth via Fot <
> fot at autox.team.net> wrote:
>
> Not sure if this is good news..
>
> Radial Equity Partners (“Radial”) today announced simultaneous investments
> in Moss Motors (“Moss”) and Rimmer Bros (“Rimmer Bros”) to form a leading,
> global specialty supplier of restoration & replacement parts focused on
> British vehicle brands.
>
> Press release
> https://www.radialequity.com/news/moss-rimmer
>
> mike h
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