All twenty-seven jobs have been saved at a Long Eaton automotive repair specialist after it was bought out of administration.
Earlier this month, Lee Lockwood and Andrew Mackenzie of Begbies Traynor were appointed as administrators to accident repair specialist WG Newman (Garage). The business was immediately acquired by Pronto Care Midlands.
Based in Long Eaton, Nottingham, and established in 1965, the company provides specialist paint and body repairs and is also able to deal with complex high strength steel and structural work.
The business saw a decline in turnover caused by more competitive market conditions, coupled with a loss of efficiency within the business.
After a period of marketing which resulted in various offers, a pre-packaged sale was agreed to Pronto Care Midlands Limited, part of the Lovells Group which has auto repair sites across the Midlands. All 27 staff transferred to the purchaser.
Joint administrator Lee Lockwood said: “After more than 50 years of trading, it is good news for employees, customers and suppliers that the business will continue to operate as part of a larger group.”
Nicky Calthrop-Own of Actons Solicitors acted for the joint administrators and Lemi McAuley of Shoosmiths acted for Pronto Care Midlands.