Intertruck goes into administration
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TRUCK PARTS distributor Intertruck has gone into administration after trading independently for less than two years following its sale by former parent company Unipart Commercial Vehicles.
Solihull-based Intertruck has almost 30 branches supplying CV parts to truck fleets. It was sold by Unipart because of a perceived conflict of interest between Intertruck and Unipart's other truck parts business, TTC.
TTC is a parts wholesaler supplying factors, who felt that Intertruck was in competition with them by supplying fleet operators direct.
Unipart sold Intertruck in 2012 to a private company led by Graham Roberts, who subsequently became MD.
In October, Intertruck announced that it had recruited 20 sales staff and invested about ilm in its sales infrastructure in the past year. It had just signed a three-year, £2m deal to supply parts to the 1,200-strong fleet of Riverside Truck Rental.
Last week (CM12 December), SDC Trailers pulled out of a planned deal to off-load its parts and service business FP&S to rival Intertruck.