Aston Barclay recently revealed that they have purchased Independent Motor Auctions. The announcement was made at an event starting their brand new Wakefield Mega center along with details about their remarketing platform.
At an event showcasing the facilities at the new 18-acre site, which will host its first sale on January 28 and will also serve as a new HQ for The Car Buying Group, he fast-growing privately-owned remarketing specialist announced the acquisition which will see it move into the LCV sector.
Independent Motor Auctions managing director, Justin Lane, said that the decision to “become part of the Aston Barclay family” had been made after reassurances that the business would take on his existing team.
Lane, whose business generated 10,000 sales in 2018, added: “There is also the digital side. What these guys have achieved is way beyond what we would have been able to achieve.”
Aston Barclay chief executive, Neil Hodson, told AM that, while IMAs existing sites in Leeds would be closed, the transfer of Aston Barclay’s activities at its Leeds site to the new Wakefield facility had opened up an opportunity to host specialist LCV sales at its Leeds site.
He added: “The acquisition of Independent Motor Auctions has brought lots of specialist commercial vehicles knowledge into our business and we can really leverage that. It’s another new oporutiyt for us.”
Aston Barclay is hosting open days for the press, vendors and traders at its new Wakefield site throughout this week.
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