Partly Cloudy

Partly Cloudy

max temp: 14°C

min temp: 7°C

ESTD 1874 Search

East Anglia: Mercedes-Benz dealer Orwell Truck & Van acquired by Imperial Holdings

06:00 13 February 2013

Imperial Holdings

Imperial Holdings' UK managing director, Ian Oakes, left, with David Grant, managing director and founder of Orwell Truck & Van outside the Orwell Truck & Van head office at Martlesham Heath, near Ipswich

Archant

REGIONAL Mercedes-Benz commercial vehicle dealership Orwell Truck & Van has been acquired by the South African-based group Imperial Holdings.

shares

Imperial, one of the largest independent commercial vehicle dealer groups in the UK, has acquired the entire share capital of Orwell for an undisclosed sum.

David Grant, who founded Orwell in 1991, will continue in the role of manager director and all 190 employees of the company, which is based at Martlesham Heath, near Ipswich, and also has branches in Colchester, Newmarket and Norwich, will remain with the business.

Imperial’s commercial vehicle franchises in the UK already includes DAF, MAN and Isuzu trucks, together with VW, Ford, Nissan and Fiat vans.

Ian Oakes, Imperial’s UK managing director, said: “Orwell Truck & Van is a well respected, long standing Mercedes-Benz Dealer partner with a very strong regional reputation and is a great fit within the Imperial UK portfolio.

“Imperial has an extensive global partnership with the Mercedes-Benz brand and is delighted to be able to extend this to the UK through this acquisition.”

David Grant added: “Imperial have an excellent record of investing in the commercial vehicle sector and will bring great expertise both to our company and the wider franchise.

“Under the new owners, the business will continue to be called and operate as Orwell Truck & Van, so it’s ‘business as usual’ from the point of view of both customers and staff alike. The future development of the business is secure.”

Orwell, which features in the EADT/EDP Top 100 listing of the largest companies based in Suffolk and Norfolk, was advised by the Ipswich office of accountants and business advisers PKF and Colchester-based Ellisons Solicitors.

Keith Ferguson of PKF said: “We are pleased to have completed this transaction. We believe that the additional resources of Imperial Holdings will provide Orwell Truck & Van with a bright future.”

Seamus Clifford from Ellisons added: “We wish Orwell Truck & Van every success going forward and have been delighted to have been involved in this significant deal.”

shares

0 comments

Fire crews rescue the man in Rumburgh - photo Jane Davis

A driver is lucky to have escaped after his car careered off the road and into a pond in Rumburgh, say eyewitnesses.

There are around 17 miles of tailbacks on the northbound A12 this evening.

A property in Leavenheath was burgled on Monday.

Police are appealing for information after a man who exposed himself to a 16-year-old boy on Tuesday.

Nowton Park daffodils. Pictured is George Cole.

March winds and April showers should give a very traditional flavour to the weather over the next few days as youngsters across Suffolk start their Easter school holidays.

The Charlatans' frontman Tim Burgess is looking forward to returning to V Festival this year

The Charlatans are among the latest names added to this year’s V Festival.

Staff at Sainsbury's on Woodbridge Road Andrew Rodger (left) and Martin Palman with youngsters at Noah's Ark Pre-School taking part in a fundraising 'bunny bounce' to raise money for a better outdoor play area and staff Sam Chambers (front L to R) Sophie Woodward and Sue Woolard.

Dozens of toddlers have helped an Ipswich pre-school raise funds to improve its outdoor play area – by taking part in a ‘Bunny Bounce’ challenge.

Hollesley.

Opposition has been voiced over proposals to use part of the grounds of a residential home for nine properties, including much-needed affordable housing.

The design of the proposed new clifftop shelter at Felixstowe - a replacement for an earlier modernistic design labelled as a monstrosity by some councillors.

Proposals for a new clifftop shelter labelled by a community leader as a “monstrosity” have been ditched in favour of a more traditional design.

Enthusiasts at Bawdsey Transmitter Block at Bawdsey Manor to mark the 80th anniversary of the Daventry Experiment which proved radar was possible. A £1.4m lottery bid has been lodged to preserve the old radar station.

Enthusiasts have submitted an application to the Heritage Lottery Fund for grant aid towards a £1.4million project to preserve one of Britain’s most precious pieces of war-time history and turn it into a major attraction.

Most read

Most commented

Topic pages