NEXUS Automotive International (N!) has expanded its presence as a truly global aftermarket alliance with the addition of a leading auto parts distributor in Australia and New Zealand as the latest to join the network. This latest member addition means N! now has a presence across six continents, a strategic objective that the group declared just three years ago.
The new member is Australian Stock Exchange-listed Bapcor, whose group operations support a workforce of 5,600 worldwide. Bapcor is one of Australasia’s leading providers of automotive aftermarket parts, accessories, automotive equipment and services and can trace its roots back to 1971. The group’s core automotive business segment covers trade, retail, service and specialist wholesale, via more than 900 locations in Australia and New Zealand.
N! Business Development Director Martin Hendriksen said, “Bapcor is a market leader in their sector, and we look forward to providing them with the innovative and value-creating support that NEXUS is gaining a reputation for. The Australian and New Zealand markets offer exciting opportunities which we will develop working with Bapcor and N! suppliers.
“The Asia Pacific region is a dynamic one, where our entrepreneurial approach is likely to yield positive results and we look forward to a great adventure with our new N! Community member,” said Hendriksen.
Also joining the Asia Pacific group is G-Part Automotive, one of China’s leading aftermarket distributors. The company is headquartered in Shanghai, and specializes in the distribution of German car parts.
NEXUS CEO Gael Escribe said, “The entrance of G-Part is an important pillar for the further development of the China aftermarket structure. With its help, we will be able to implement our innovative and ambitious N! programs, such as the N! Academy/School, DR!VE+ and N!Auto.
“For most aftermarket players Asia Pacific is the market of the future. But for NEXUS, with our new important members in Australia, New Zealand and China, Asia Pacific is already a market of today.
“In a remarkable three years we have achieved our stated objective of developing a worldwide network, and are confident we can now rightly claim to be the only progressive, truly global alliance in the automotive aftermarket. Being truly global makes N! an unrivalled growth accelerator for progressive companies in the automotive industry,” said Escribe