Thu, 17 Jul 2014 | ADMINISTRATION
Woodall Nicholson has purchased the manufacturing assets and IP of low-access bus manufacturer Bluebird Vehicles out of administration.
Bluebird Vehicles entered administration earlier in July, with 48 job losses. Gareth Harris and Howard Smith at KPMG’s Leeds office are managing the sale.
The Bolton-based coachbuilder Woodall wants to merge the assets with its Mellor bus business, which converts buses and vans at a factory premises in Rochdale.
Woodall Nicholson, which reported revenues of about £26 million last year and has a 200-strong workforce, also operates hearse supplier Colman Milne and emergency services vehicle maker CM Specialist.
The business, which received an investment boost from Mosaic Private Equity, RooGreen Ventures and Enterprise Ventures when the trio purchased the group in July 2013, can trace its roots back to 1820, when it was making horse-drawn carriages and hansom cabs.
“We are very proud to add the Bluebird range of buses to our automotive portfolio”, Woodall Nicholson’s managing director Geoff Hudson said. “The acquisition will generate more jobs in the North West and further strengthen the Mellor range of market leading accessible vehicles.”
_____________________________________________________________________
Related information:
View details of Bluebird Vehicles in administration
Businesses in administration
Opportunity to acquire a high performing business and long leasehold property operating in the dental and medical sector within London. Offers by: 6 December 2024.
Opportunity to acquire the business and assets of a beverage retailer with stores across England. Offers by: 2 December 2024.
Opportunity to acquire a privately owned Company founded over 40 years ago, operating as one of the leading developers of exceptional residential homes in prime areas of London and Southern England. Offers by 5 December 2024.
25
|
Nov
|
Greengauge chooses employee ownership | BUSINESS SALE
Sustainable building and engineering consultancy Greengauge ...
25
|
Nov
|
Vegan food maker Allplants calls in administrators | ADMINISTRATION
Footballer backed vegan food manufacturer Allplants is seeki...
25
|
Nov
|
Premier Events buy Bristol peer to power growth | BUSINESS SALE
Leicester-based Premier Events has bought Bristol peer PYTCH...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.