Kwik-Fit Company Description
Kwik-Fit Group cares for tired tires, exhausted exhaust systems, and broken brakes. The company, one of the largest motor vehicle repair chains in Europe, operates about 2,000 service facilities that sell and repair tires, exhaust systems, and brakes and perform state-mandated motor vehicle inspections. Its brands include Kwik-Fit (the Netherlands, the UK), Speedy (France), and Pitstop (Germany). The company markets its services to vehicle fleet operators as well as to consumers. After an intense race between rival bidders, a group led by French private equity film PAI Partners acquired Kwik-Fit for $1.5 billion in August 2005.
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The Company Description provides a historical perspective of Kwik-Fit's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Kwik-Fit's evolution in the marketplace.
