BALDWINS Repair Group has been sold by owner Steve Warner to single investor Richard Steer.
It was sold for an undisclosed sum, with Steer joining the award-winning accident repairer as owner and managing director on August 1.
Peter Randhawa will continue his role of group general manager at Baldwins Repair Group and oversee operations at all repair centres in Aylesbury, Corby, Leicester and Stratford-upon-Avon, as well as the build of the new London site.
During his ownership, Warner developed the business alongside Randhawa. The sites have grown in number, while manufacturer, insurer and network approvals have also increased, plus the business has become more involved in key initiatives high on the industry’s agenda, such as apprenticeships and electric vehicles.
Warner said: ‘Following 15 very positive years at Baldwins, I have decided that it is time for me to take a step back and focus on other projects and new challenges. I can see the company’s future going from strength to strength with Richard – he has a great deal of experience and I believe he is the right man for the job.
‘I want to thank the team for all their hard work over the years and I wish them every success for the future.’
Steer, who brings a wealth of experience, industry knowledge and expertise, having developed successful businesses, said: ‘I am extremely excited about this opportunity. I come in with no pre-conceived ideas, as I have worked with Baldwins for many years and I know it is a well-organised and successful business.
‘My initial job is to visit the sites, meet the team and see how we, as a group, can develop the business over time. I look forward to working with the already established team and building on the success of Baldwins Repair Group.’
Randhawa said: ‘I am very proud of what has been achieved for Baldwins so far under Steve’s ownership, but there is still much more to come. The future is very exciting for the business and we can only see positives in having Richard on board.
‘During this change of ownership, it is still business as usual at all of our sites.’
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