Tag Archives: Nationwide

JCC – the questions and answers

Following this morning’s announcement of the acquisition of JCC by Nationwide, we caught up with JCC to find out more: What are the details of the transaction? The boards of directors of JCC and Nationwide have today announced that they have reached agreement on the terms of a recommended cash offer whereby the entire issued and to be issued share […]

Nationwide acquires JCC

Nationwide Accident Repair Services (NARS) and Just Car Clinics Group (JCC) announced today that they have agreed terms for Nationwide to acquire JCC for a cash consideration which values JCC at approximately £13.77m. The offer remains conditional on the approval of shareholders of JCC and is expected to close in September 2015. For Nationwide, the addition of JCC’s bodyshops is […]

Carlyle to acquire Nationwide for £43.2m

Carlyle Group has reached an agreed deal to acquire Nationwide Accident Repair Services for £43.2 million. In a separate statement on the London Stock Exchange on Wednesday, Nationwide said it has completed the acquisition of Seward Accident Repair Services for £3.8 million in cash. Carlyle, which will acquire Nationwide through the Canaveral Bidco Ltd vehicle, said it would pay 100 […]

Nationwide acquires Seward group

Nationwide has announced that it has completed the acquisition of Seward Accident Repair Centres Ltd. The total net cash consideration is £3.8m and will be funded from the group’s own cash and banking resources. Seward is the tenth largest independent bodyshop chain in the UK and operates from a head office in Hampshire with eight bodyshops, together with mobile vehicle […]

PPG and Nationwide race ahead

PPG Refinish UK has announced a new joint sponsorship with Nationwide Accident Repair Services in the Porsche Carrera Cup GB 2015. The new sponsorship will see a Nationwide and PPG branded Porsche 911 GT3 Cup race car enter the 2015 Porsche Carrera Cup GB. The Porsche will be driven by 25 year old Daniel Cammish. Cammish is a British Racing […]