Network takes major share in Fix Auto Cheltenham
- Posted by: Alan Feldberg
- Category: News
Fix Auto UK has added to its portfolio of wholly and part owned repair centres by taking over as the majority shareholder in Fix Auto Cheltenham.
The network has bought the shares previously owned by businessman Andrew Emery who is stepping away from the industry to concentrate on other business interests.
Fellow director Kieran Humphries, who formed the business with his father Ray in 2009, will retain his shares and position as operations director and will continue to oversee the day-to-day running of the business.
It is the second repair centre established within the Fix Auto UK network that Fix Auto UK has invested in, having taken a majority share in Fix Auto Goole in August 2018.
Ian Pugh, managing director for Fix Auto UK, said: “Andrew and Kieran have been an exciting addition to the network since joining us. Together, they’ve transformed the business first established by Kieran and his father and the site they now proudly operate from is one to behold.
“Andrew approached us several months ago with a proposition to buy his shares in order to continue to maintain the growth and development of the business and we are delighted to be in a position to do so. Having Kieran, who is so passionate about the industry and the business, on board is a major boost.”
Humphries said: “I’ve thoroughly enjoyed my time and extremely proud of our achievements. Taking the business to where it is today has been a privilege but, in truth, I have other business interests to concentrate on. The repair centre is in an extremely good place and now is the time to step back. With Kieran at the helm and with Fix Auto UK in support, the business could not be in better hands going forward.”