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Alliance Automotive closes 2 acquisitions

Alliance Automotive Group completed the acquisitions of two automotive businesses — Platinum International Group Ltd. and TMS Motor Spares Ltd.

Platinum International is a battery distributor in the automotive, industrial, marine and leisure markets, while TMS Motor Spares is an automotive parts distributor.

The Platinum acquisition was effective Oct. 2. The TMS Motor deal was effective Aug. 31.

U.K.-based Platinum International is expected to generate estimated annual revenues of $75 million. TMS Motor Spares is expected to generate annual revenues of roughly $30 million.

Alliance Automotive is a unit of Georgia-based automotive parts distributor Genuine Parts Co.