From Surf Wiki (app.surf) — the open knowledge base
Kwik Fit
Car servicing and repair company
Car servicing and repair company
| Field | Value |
|---|---|
| name | Kwik-Fit (GB) Ltd. |
| logo | KwikFit.svg |
| area_served | United Kingdom |
| type | Subsidiary |
| foundation | in Edinburgh, Scotland |
| location | Letchworth, England, UK |
| key_people | Paul Boulton |
| (Company Director) | |
| Mark Lynott | |
| (Company Director) | |
| Mark Slade | |
| (Company Director) | |
| industry | Automotive |
| services | |
| parent | Itochu Corporation |
| homepage |
(Company Director) Mark Lynott (Company Director) Mark Slade (Company Director) Kwik Fit is a car servicing and repair company in the United Kingdom. As of , there are over six hundred Kwik Fit locations in the United Kingdom. Kwik Fit also has locations in continental Europe.
History
Tom Farmer opened the first Kwik Fit location in McDonald Road, Edinburgh, Scotland, in 1971. In May 1995, Kwik Fit Insurance, part of Kwik Fit Financial Services, was formed, and has since grown to become one of the leading car insurance distributors in the United Kingdom.
In October 1999, Kwik Fit had grown to over 2,000 locations throughout Europe, and Farmer sold the company to the Ford Motor Company for US$1.6bn. A decision by Ford to concentrate on its core business led to the sale of Kwik Fit in August 2002, to CVC Capital Partners for only £330m. In June 2005, Kwik Fit was sold for £800m, to PAI Partners, a French-based private equity firm.
The Kwik Fit Financial Services arm of the business, was sold by PAI to Fortis Insurance UK, now Ageas (UK) Limited, for a figure of £215m in July 2010. The tyre retailing and service centre business was bought by Itochu Corporation in March 2011.
Advertising
First shown in 1984, the adverts "You Can't Get Better than a Kwik Fit Fitter" were broadcast on the main television channels, in the United Kingdom. The "Kwik Fit Fitter" returned to television in August 2008, with the campaign "You'll Be Amazed at What We Do".
Training
Kwik Fit received its first national training award in 1990. In January 2009, Kwik Fit was awarded Beacon status from the Learning and Skills Improvement Service (LSIS) for its further education training programs. This was given following a successful inspection by Ofsted, in which programs were graded 'outstanding'.
References
References
- "MoT Testing && Servicing". kwik-fit.com.
- (21 October 2019). "Kwik Fit Italy now at 57 locations".
- (3 May 1995). "Kwik-Fit sees motor insurance as new base". heraldscotland.com.
- [https://web.archive.org/web/19991012215747/http://businessweek.com/1999/99_41/b3650001.htm "Remaking Ford"], ''[[Business Week]]'', 11 October 1999
- (12 August 2002). "Ford sells Kwik-Fit for huge loss".
- "Fortis completes Kwik Fit acquisition".
- "ITOCHU reaches agreement to acquire Kwik-Fit Group, UK No.1 tyre retailer". itochu.co.jp.
- "PAI - 404 Page not found". paipartners.com.
- "The Kwik Fit fitter returns - Marketing Week".
- "Customer Satisfaction".
This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.
Ask Mako anything about Kwik Fit — get instant answers, deeper analysis, and related topics.
Research with MakoFree with your Surf account
Create a free account to save articles, ask Mako questions, and organize your research.
Sign up freeThis content may have been generated or modified by AI. CloudSurf Software LLC is not responsible for the accuracy, completeness, or reliability of AI-generated content. Always verify important information from primary sources.
Report