Steer Automotive Group is continuous to broaden at a fast tempo with thte addition of 32 accident restore and bodyshop places following the acquisition of Apollo Motor Group and Balgores Motors for undisclosed sums.

The 2 companies have a mixed £90 million turnover and 700 workers.

The acquisition extends Steer’s community additional into the south of England and will increase Steer’s scale and capability within the area.

Plans are already in place to proceed the event with quite a few new websites deliberate over the second half of the 12 months. 

Apollo Motor Group was based in 1985 by Graham and Tracy Eyles, and has steadily expanded during the last 20 years with 20 websites situated throughout the South East and South West of England.

Apollo is led by the present administration workforce of Paul Clements, Chris Dore, Bradley Eyles and Mark Fletcher.

Balgores Motors was based in 1982 by proprietor Paul Austin. With a powerful regional footprint primarily based out of Essex, the enterprise has grown into 12 websites with a heavy bias in direction of status automobile producer approvals.

The workforce at Balgores is led by Gary Dench, Steve Austin and Andy Pennell.

Richard Steer, Steer chief govt, mentioned: “I’ve recognized Graham, Tracy and Paul for a few years and have watched the profitable improvement of their companies into the excellent operations they’re at this time.

“We have now a transparent deal with buying robust effectively established companies that assist our progress technique and when the chance introduced itself we jumped on the probability so as to add Apollo and Balgores to our operations.

“I’d prefer to personally thank Graham, Tracy and Paul for trusting us with the subsequent chapter within the improvement of their corporations.

“We’re very excited concerning the prospects and sit up for working with the incumbent administration groups on the journey forward.”

Graham and Tracy Eyles, thanked all of Apollo’s colleagues, prospects and companions over time.

They added: “We’re very pleased with what we’ve constructed at Apollo and after we determined it was time to let another person tackle the baton it was clear that Richard and the workforce at Steer have been the apparent alternative to do this.”

Apollo Motors Group, Balgores Motors take the present Steer portfolio to 93 restore places and over 2,200 colleagues.

Steer has been rapildy increasing with a number of acquisitions during the last 12 months, together with Vertu’s Newcastle bodyshop in Might, in addition to AW Accident Restore Centre, 11-site Artis Accident Restore Centres and Tyne Tees Car Restore Group (TTVRG).

The enterprise additionally opened its 28,000 sq ft flagship location in Excessive Wycombe in October final 12 months (pictured above), which specialises in repairing premium and luxurious automobile manufacturers.