Acquisition
09 June 2010 - 4:00PM
UK Regulatory
TIDMJCR
RNS Number : 2719N
Just Car Clinics Group PLC
09 June 2010
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| For immediate release | 9 June 2010 |
+---------------------------------+---------------------------------+
Just Car Clinics Group plc
Acquisition of Site in Keighley Yorkshire
Just Car Clinics Group plc ("the Group" or "Just Car Clinics"), announces the
acquisition of the business and assets of a car accident repair business in
Keighley, Yorkshire (the "Business").
The Business, which employs 19 team members, operates from a 10,000 square foot
facility which will be occupied under a 15 year lease.
The Business has been acquired for a total cash consideration of approximately
GBP50,000 representing plant and equipment, goodwill, stock and work in
progress.
This acquisition continues Just Car Clinics' strategy of expanding its network
of facilities by acquisition where stringent criteria are achieved and the Group
now operates from a network of 26 locations throughout England.
The acquired Business will undergo a period of development, training and
integration and will adopt Just Car Clinics' operating procedures, core values
and brand identity. The integration process will focus on ensuring high levels
of customer service and minimum disruption.
Commenting on the acquisition Chief Executive Barry Whittles said: "The
addition of the new Keighley site, which was supported by key corporate clients,
continues our strategy of growing our repair network whilst remaining focused on
delivering excellent service and local care to all our customers on a consistent
basis."
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| For further information, | |
| please contact: | |
+-------------------------------+-------------------------------+
| | |
+-------------------------------+-------------------------------+
| Just Car Clinics: | |
+-------------------------------+-------------------------------+
| Barry Whittles, Chief | 07850 268369 |
| Executive | |
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| Chris Elton, Finance Director | 07702 598344 |
| | |
+-------------------------------+-------------------------------+
| Buchanan Communications: | |
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| Tim Thompson | 020 7466 5000 |
+-------------------------------+-------------------------------+
| Chris McMahon | |
+-------------------------------+-------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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