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May 1, 2023 / 2023 Connecticut Family Business Honorees

2023 Family Biz Awards: FCP Groton LLC (FCP Euro)

Click here to see the rest of the 2023 Family Business Award Honorees
More Information

FCP Euro is an online auto-parts retailer serving owners of European cars.

Tell us a bit about your recent accomplishments.

In the last 10 years, FCP Euro has earned a spot on the Inc. 5,000 fastest-growing private companies list nine times, achieving a consecutive three-year revenue growth rate of 255% in 2021.

In the past three years, FCP Euro has expanded its workforce from 94 in 2019, to 247 in 2023; 225 of which are based in Connecticut.

In late 2020, FCP Euro formed a corporate social responsibility committee comprised of 20 employees to address issues like diversity and inclusiveness, environment and sustainability and community awareness at national and local levels.

What are your family values and how do they contribute to your business success?

In 1986, when FCP Groton was founded, the business focused on ensuring the customer’s needs were met beyond expectations. Today, FCP Euro has seven core values, including ‘people before profits,’ ‘serve before you sell,’ and ‘achieve results, appreciate, and celebrate,’ that have become the guiding principles for how we operate our business.

Where do you see your business in the next five years?

Over the next five years, we will strive for growth with perspective and respond to global changes by implementing innovative, efficient and sustainable infrastructure linked with our business priorities.

What are your guiding business principles?

At FCP Euro, we drive innovation through our people, partners and the community.

We use our business as an example of an active and deliberate effort to drive the communities we create and serve toward innovation, human equity and sustainability.

As part of our vision to be the most valued and trusted European online auto-parts retailer globally, we have a responsibility to make a positive and sustainable impact on the communities we serve. We know our FCP Euro core values can drive societal change. Whether it is addressing social issues, employment opportunities or helping the environment, we continue to find new ways to innovate, compete and create a sustainable business environment.

Click here to see the rest of the 2023 Family Business Award Honorees

HQ: Milford

Industry: E-Commerce Automotive Aftermarket

Year Founded & Founder: 1986, Foreign Car Parts of Groton Inc. — Harry and Kathy Bauer; 2001, FCP Groton LLC — Nick, Harry and Kathy Bauer

Family Members Currently Employed at Company: Nick Bauer, President & Founder, brother of Benjamin Bauer; Benjamin Bauer, Director of Inventory & Reverse Logistics, brother of Nick Bauer; Brian Tucker, Fulfillment Associate, uncle of Nick and Benjamin Bauer

Generation Currently Running Company: 2nd

Full-Time Employees: 247

Part-Time Employees: 3

Website: www.fcpeuro.com

 

 

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