Cox Automotive UK has completed the acquisition of 100% of the share capital of C Walton (CWL), a vehicle services provider for manufacturers, fleet operators, dealers and rental firms.
As part of the deal, Cox Automotive UK has acquired CWL’s vehicle services business which operates from three locations in Bruntingthorpe (Leicestershire), Wyton (Cambridgeshire) and Long Bennington (Lincolnshire). The deal also includes CWL’s proving ground and events businesses.
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CWL offers a range of fleet management and vehicle services on a mass scale including new and used car vehicle preparation (wash, valeting, imagery) and reconditioning (smart and full bodyshop repairs); defleet services including inspections and MOT; logistics and storage; as well as a range of in-life services for cars, vans and trucks plus full support for electric vehicle handling.
Cox hopes the acquisition will increase both the scale and scope of its whole-life vehicle services, supporting physical and online auction channels.
Martin Forbes, chief executive at Cox Automotive UK, said: “Although we provide some vehicle services to support existing customers with their remarketing and defleet strategies, we have wanted to significantly increase the range and scope of whole-life vehicle services available to new clients for some time.
“With the addition of CWL, Cox Automotive UK will now be able offer all aspects of a used car remarketing programme, including vehicle services on a much larger scale, to support both existing and potential new customers.”
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By GlobalDataUp to 200,000 vehicles a year are processed by CWL at its Bruntingthorpe site and it also provides secure storage for over 25,000 vehicles. CWL invested in a new purpose-built vehicle services facility at the Wyton site in 2019 in response to increased customer demand.
