Moss sold? : MGA Forum : The MG Experience

Moss sold? #1
Tedsmga Ted Persons Towson, MD, USA Sign in to contact 1959 MG MGA 1600 2015 Vespa Sprint	Topic Creator (OP) Apr 16, 2024 09:41 PM Joined 5 years ago 148 Posts

From the MGB forum

https://www.mgexp.com/forum/mgb-and-gt-forum.1/moss-and-rimmer-brothers-bought-out.4784552/

Sorry if I’ve offended

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Re: Moss sold? #2
MandoG Greg M Melbourne, VIC, Australia Sign in to contact 1959 MG MGA 1500 1959 MG MGA Twin-Cam	Apr 17, 2024 03:56 AM Top Contributor Joined 2 years ago 382 Posts

Interesting that the e-mail I received today makes no mention of the acquisition of both companies by Radial ... just that they are joining forces.
No doubt there will be some rationalisation ... Looking at their profile, it does seem though that Radial might bring something to the table that adds value ...
hopefully to its customers by leveraging its access to development & manufacturing resources if that can be realistically accessed.
You never know, it may result in better products.... its the short-term where there is always some pain.
I'll still be buying from SF.

https://www.radialequity.com/

In case you didn't get it ...this is the e-mail ... no mention of Radial ... why would they not mention that?

Calling all car enthusiasts, classic & modern!
We're thrilled to announce the exciting news that Moss Motors, Moss Europe, and Rimmer Bros are joining forces, in partnership. This powerful alliance signifies our unwavering commitment to supporting your passion for keeping legendary vehicles on the road.

Seamless Service, Enhanced Experience
Rest assured, you'll continue to enjoy the exceptional service and expertise you've come to expect from each brand – Moss Motors, Moss Europe, and Rimmer Bros. We're dedicated to elevating your customer experience even further, regardless of your preferred brand.

Combined Strength, Unmatched Parts Availability
By merging our strengths, we'll ensure the long-term availability of existing parts, while also igniting the development of exciting NEW additions to our inventory including the resurrection of parts long since discontinued. This comprehensive one-stop shop solution will provide you with an unparalleled range of parts at exceptional value, all backed by the unwavering commitment to quality that defines our legacies.

A Legacy of Supporting Your Passion
Whether you're a longstanding customer or a new enthusiast joining the community, you're likely familiar with the rich family histories of Moss and Rimmer Bros. We've both spent decades empowering car owners to keep their cherished vehicles running smoothly. This commitment remains our sole mission: to provide the exceptional service and part availability you rely on to keep your automotive dreams alive.

Thank You, and Onward Together
We sincerely thank you for your unwavering support over the years. This exciting merger signifies our dedication to being your partner, not just today, but for years to come. Together, we'll ensure a thriving future for car enthusiasts everywhere.

About Moss Motors
Moss Motors and Moss Europe are providers of restoration and replacement parts for classic UK vehicles including MG, Mini, Austin Healey, Jaguar, and Triumph, and also provides a full product catalog for the Mazda MX-5 at MossMiata.com. Throughout its 75-year history, Moss has consistently grown its range of applications helping their enthusiast customers keep these marques on the road. The company has approximately 240 employees across its six operations in the U.S., UK and France. Moss serves more than 140,000 customers in over 100 countries globally. More information about Moss is available at www.mossmotors.com.

About Rimmer Bros
Rimmer Bros is a supplier of replacement and restoration parts for British marque vehicles. Originally focused on Triumph cars, Rimmer Bros has extended its range of vehicle applications to include MG, Land Rover, Range Rover, Jaguar and MG Rover cars over its 40-year history, backed up by an extensive range of detailed catalogues & website. The company has approximately 80 employees working out of its purpose-built distribution centre in Lincoln, UK. Rimmer Bros serves more than 100,000 customers in over 150 countries worldwide. More information about Rimmer Bros is available at https://rimmerbros.com/.

Please continue to follow all our brands for more information on how we are working to serve you better.

Edited 1 time(s). Last edit at 2024-04-17 03:57 AM by MandoG.

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Re: Moss sold? #3
Peter Ryle Peterborough, CAMBS, UK Sign in to contact 1957 MG MGA 1500 1968 MG MGB GT	Apr 17, 2024 04:28 AM Top Contributor Joined 6 years ago 950 Posts

In the UK, it has been announced that Moss Motors, Moss Europe and Rimmer Bros. are forming a 'partnership', whatever that means ! . I tend not to use either Moss or Rimmers if I can help it - I think their prices and quality are not as good as elsewhere.

438101129_879226590883914_3893005280854270107_n.jpg 86.5 KB

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Re: Moss sold? #4
MandoG Greg M Melbourne, VIC, Australia Sign in to contact 1959 MG MGA 1500 1959 MG MGA Twin-Cam	Apr 17, 2024 04:37 AM Top Contributor Joined 2 years ago 382 Posts

Hi Peter
Yes, that my point... they are announcing it as a partnership but the truth is that both have been purchased by a Private Equity firm. 'Radial Equity'
Partnership whether they really wanted it or not.

The Press Release has:
'About Moss Motors' and 'About Rimmer Bros' but no mention of 'Radial' Why wouldn't they mention that?

From my experience Private Equity acquisition can be bad if they strip all down to bare bones to show better numbers to another potential acquirer.
Not sure about this one though ... they don't look so bad at face value as they seem to have something of a strategy that might go beyond that.
As mentioned though, I will continue to support SF as I've had great support from Cecelia.
Cheers
Greg

Edited 1 time(s). Last edit at 2024-04-17 04:43 AM by MandoG.

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Re: Moss sold? #5
Grubeguy Grube Guy Washington, DC, USA Sign in to contact 1957 MG MGA 1500 Coupe "JP" 1958 MG MGA 1500 1968 Saab 96 3cyl 2stroke 1972 Fiat 850 Spider & more	Apr 17, 2024 05:10 AM Top Contributor Joined 9 years ago 3,528 Posts

Cool! I hope this doesn't have a teething phase. It seems that as of late, a few of the smaller specialty shops are closed or owners retiring, leaving Moss/Rimmer. I've always liked Moss because of how easy it is to order from them, and because their product line is viewable online. I suspect they'll be the last man standing in a decade

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Re: Moss sold? #6
copernicus Nick Kopernik Western, CT, USA Sign in to contact 1962 MG MGA MkII	Apr 17, 2024 05:46 AM Top Contributor Joined 10 years ago 6,919 Posts

Pic below shows what Radial Equity owns. Private equity can be equated to an old style wringer washer as they will squeeze out every penny they can from the supply chain and into their pockets. That's the business model and that means closing down unprofitable markets; narrowing inventory and doing everything they can to lower costs. Not a bad thing generally, but in the consumer world, its all about customer experience. Hopefully they will use a scalpel vs. a machete. And hey, maybe they will improve product quality; one can always dream.

ra.jpg 46.4 KB

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Re: Moss sold? #7
tdgray Todd Gray Uniontown, OH, USA Sign in to contact 1960 MG MGA "Abigail" 1968 MG MGC GT "Lucy" 1971 BMW 2800CS Coupe 2005 Mercedes-Benz SLK55 AMG	Apr 17, 2024 07:15 AM Top Contributor Joined 12 years ago 957 Posts

Another PE disaster coming I’m sure.., as if Moss wasn’t getting bad enough as it was.

Have bought a couple things from Rimmer Bros. Really nice fit on the fenders I bought for the MGC.

I’ll stick with Cecelia for my A parts.

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Re: Moss sold? #8
Grubeguy Grube Guy Washington, DC, USA Sign in to contact 1957 MG MGA 1500 Coupe "JP" 1958 MG MGA 1500 1968 Saab 96 3cyl 2stroke 1972 Fiat 850 Spider & more	Apr 17, 2024 10:36 AM Top Contributor Joined 9 years ago 3,528 Posts

If Moss (or other British car parts folks) doesn't diversify, they may dinosaur themselves into oblivion. In a few decades (or now), all the old folks like us will be handing down our MGs, Triumphs, AH's, etc to our kids, and mine flat refuses to own something so "old and gas powered." <eye roll> Honestly, I think he made love to a freaky little Nissan Leaf once.

If he's any indication, supplying parts for a shrinking user base won't be profitable, and we'll be relying on people our age who want to retire, or just pass over the rainbow. I hope the other vendors out there who don't advertise well (or at all) on the net take heed.

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Re: Moss sold? #9
hlub34a Valerie Stabenow Winnebago, WI, USA Sign in to contact 1969 Jaguar E-Type "Mr E" 2017 Jaguar F-Type Coupe "The F"	Apr 17, 2024 11:23 AM Joined 4 months ago 9 Posts

That's what I read as well.... Moss and Rimmer joining forces to 'better" provide parts to the vintage car trade. Will be interesting to see what Radial, the equity group does with them.
'

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Re: Moss sold? #10
tdgray Todd Gray Uniontown, OH, USA Sign in to contact 1960 MG MGA "Abigail" 1968 MG MGC GT "Lucy" 1971 BMW 2800CS Coupe 2005 Mercedes-Benz SLK55 AMG	Apr 17, 2024 12:39 PM Top Contributor Joined 12 years ago 957 Posts

I spent many years around the PE sector before I left and bought my own place.

I can tell you all they are interested in is cash… how much they can take out and how much they get when they flip it to another PE company in their prescribed time line or “exit target”.

Anything else they do is just to make it look better… lipstick on a pig.

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Re: Moss sold? #11
Gary E Gary Edwards Kernersville, NC, USA Sign in to contact 1962 MG MGA MkII	Apr 17, 2024 01:03 PM Top Contributor Joined 17 years ago 16,305 Posts

I remember when Al Moss sold Moss to the current owners.

Gary

Murphy's law

Tell a man there are 300 billion stars in the universe, and he'll believe you. Tell him a bench has wet paint on it, and he'll have to touch it to be sure.

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Re: Moss sold? #12
BeamerSince60 Rick Guest McKinney, TX, USA Sign in to contact 1958 MG MGA "RIX ROADSTER" 1962 Sunbeam Alpine "RixSix" 1966 Sunbeam Tiger "RIX1966"	Apr 17, 2024 09:09 PM Joined 6 years ago 55 Posts

I’ll continue to buy my parts from Cecelia. They are always the best replacement fit at a good price. And her MG knowledge is greater than that of all the Moss people combined.

Rick

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