Car auction group set for expansion after multi-million MBO
A car auction group with a major site in the West Midlands has secured a multi-million pound management buy-out deal to enable it to continue with its expansion.
Aston Barclay is set to use the investment from Rutland Partners to develop a new 18-acre centre at Donington Park, Leicestershire, which will become one of the largest country car auction sites, with space for 350-400 cars.
The MBO has been led by new CEO Neil Hodson, who brings over 25 years’ experience to Aston Barclay, following stints at Manheim, HPI and Experian... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
