Bevan Group has completed its acquisition of accident repair and refurbishment specialist A&R Vehicle Services.
The commercial vehicle bodybuilder acquired an initial shareholding in A&R Services in 2013, with the intention of taking full control in the medium term. The new deal was concluded for an undisclosed sum.
Bevan Group managing director Anthony Bevan said: “Our customers have been benefiting from A&R’s accident repair and refurbishment services since we purchased our initial stake in the business four years ago.
“But given the outstanding quality of its people and facilities, as well as the reputation it enjoys within the industry – which explains why we’ll be retaining the A&R Vehicle Services trading name – we have also recognised the huge potential for growth which it offers.”
The acquisition will see Ron Rushworth, a co-founder of A&R Vehicle Services in 1989, and his fellow director Colin Bannister retain day-to-day responsibility for the running of the business.
A&R is also located in the Black Country, within Wednesbury, and has a six-acre site that includes 40,000 sq ft of workshop space. Bevan added that it has already embarked on the process of relocating its Bevan Specialist Products team from their factory in Stone, Staffordshire, to the A&R site.
“The Bevan Specialist Products venture has been a success since day one, as a result of which the team had outgrown their previous base,” added Anthony Bevan. “It makes sense, therefore, to use the extra space available at A&R’s site by consolidating another of our operations in our Black Country heartland.”
