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Bevan buys into A&R Vehicle Services

  • 31 October 2013
  • By Kevin Swallow

Halesowen-based bodybuilder Bevan Group has acquire a stake in AR Vehicle Services, an accident repair and refurbishment company, with a view to eventually owning it outright. 

The deal sees Bevan Group’s MD Anthony Bevan and his bother Peter, the financial director, join the board of AR. It’s the first step towards Bevan purchasing the business, although there is no specific timetable in place.

Anthony Bevan said the agreement is going to benefit both businesses. “For our part, it’s another string to our bow. There’s definitely a demand among established Bevan customers for the kind of repair and refurbishment services that AR offers, while we’re confident that our aftercare and vehicle graphics divisions will also be busier as a result,” he said.

AR Vehicle Services, based in Wednesbury was founded in 1989 by chairman Trevor Rushworth, along with Paul Adams and Ron Rushworth. Both Trevor Rushworth and group MD George Simpson remain with AR.

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Article source: http://www.commercialmotor.com:80/latest-news/bevan-buys-into-a-r-vehicles