Pirtek: Difference between revisions - Wikipedia

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Pirtek was founded in 1980 by Peter Duncan and Wally Davey. The name is a derivation of Pirelli Technology–Pirelli being one of their major suppliers. The company initially began as a grouping of distributors before branching out into franchising in 1985.<ref>{{Cite news |last=Jay |first=Christopher |date=21 June 1993 |title=On-spot repairs spawn two large operations |language=en |work=[[Australian Financial Review]] |url=https://www.afr.com/politics/on-spot-repairs-spawn-two-large-operations-19930621-k5gff |access-date=31 March 2022}}</ref><ref name=hosing>{{Cite news |last=Whyte |first=Jemima |date=6 February 2015 |title=No hosing down growth plans for Pirtek |language=en |work=Australian Financial Review|url=https://www.afr.com/companies/transport/no-hosing-down-growth-plans-for-pirtek-20150206-137j2e |access-date=31 March 2022}}</ref><ref>{{Cite news |last=Trapp |first=Roger |date=10 August 1996 |title=Inside Business: An earth-shattering success |language=en |work=[[The Independent]]|url=https://www.independent.co.uk/news/business/inside-business-an-earthshattering-success-1309145.html |url-access=registration|access-date=31 March 2022}}</ref><ref>{{Cite news |last=Topp |first=Nevin |date=4 November 1996 |title=Pirtek Fluid Systems come to Chch |pages=32 |work=The Press|location=Christchurch}}</ref><ref>{{Cite news |last=Wenger |first=Rachel |date=June 2001 |title=Quicker fixer-upper ; Pirtek’s on-the-spot hydraulic hose repair saves customers lost money |work=Rubber & Plastics News|volume=30|number=23}}</ref>

The company expanded as a franchise to the United Kingdom in 1988 as Pirtek Europe. The European operation was originally a partnership between the original founders and British businessmen Forbes Petrie and Peter Brennan.<ref>{{Cite news |last=Trapp |first=Roger |date=9 February 2000 |title=The brand of a winning formula |language=en |work=The Independent |url=https://www.independent.co.uk/news/business/analysis-and-features/the-brand-of-a-winning-formula-5372104.html |access-date=31 March 2022}}</ref><ref>{{Cite news |last=Mendelsohn |first=Martin |date=19 May 1997 |title=Staying mobile wins the race |pages=46 |work=[[Evening Standard]]|url=https://www.newspapers.com/clip/98746848/staying-mobile-wins-the-race/ |access-date=31 March 2022}}</ref><ref>{{Cite news |last=Lorenz |first=Andrew |date=27 June 1993 |title=Duo keep wheels of industry turning |pages=3, 11 |work=[[The Sunday Times]]|location=London}}</ref> Pirtek Europe was bought out by Vision Capital in 2007, then to Halifax Group in 2015.<ref name=hosing/><ref>{{Cite news |date=11 February 2015 |title=Halifax Buys Pirtek Europe From Vision Capital |language=en-US |work=Wall Street Journal |url=https://www.wsj.com/articles/DJFLBO0120150211eb2bkgzxu |access-date=31 March 2022 |issn=0099-9660}}</ref>

In the late 1990s, the parent company, Pirtek Fluid Transfer Solutions sold off 80 percent of the United States franchise business, ultimately buying back the share in 2015.<ref>{{Cite news |last=Stensholt |first=John |date=7 December 2015 |title=Pirtek to use Brabham Indy 500 sponsorship to expand in US: Motor sport |pages=32 |work=Australian Financial Review}}</ref>