Bristol Street men buyout
February 18th, 2009 by Richard Aucock
FORMER directors of Bristol Street Motors have snapped up Skurrays’ Vauxhall in a new joint venture.
Nick Plevey and Nigel Harvey return to the motor industry, in partnership with joint venture company Motor Holding Investments.
They’ve acquired the assets of 2 Skurrays’ Vauxhall dealers in Swindon and Marlborough. The retailers had formerly been in family ownership, dating back to 1899, and employ 80 staff.
The Swindon site also holds franchises for Chevrolet and Saab.
MD Plevey is excited: ‘There are many people who would question starting a new venture in the current climate, but I can honestly say that it never crossed our minds not to complete this acquisition.
‘I am sure we shall face numerous difficulties, but certain that we’ll discover many more opportunities and, as a new company, we are well placed to take advantage of these.’
It was a great business to buy into, he said, ‘thanks to the loyal team of dedicated people – many of whom have been with the business for many years.
‘The business has been run with integrity and fairness, and we are proud to be the new custodians of the company’s reputation.
‘It’s something we intend to build upon and take to the next level… we are all very positive about the future.’
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