Stobart Group has sold its automotive after-sales division, Stobart Vehicle Services, to Paragon Group for an undisclosed sum. The division, which was part of Autologic prior to its purchase by Stobart in August 2012, provides car manufacturers and dealerships with services ranging from new car preparation to customisation. As part of the deal Paragon will take on former Autologic sites in Corby, Portbury, Doncaster and five manufacturer locations and said it would be “welcoming 500 new staff”. The division will […]
“We’re an all time high, we’ll change all that’s gone before, doin’ so much more….” This week the basket of shares in the MT Tracker hit it’s highest point since its inception. The basket now stands at 1,954.5p. Shares in Stobart Group are back in to triple figures for the first time since January; shares in Wincanton are at their highest level for the whole calendar year and shares in NWF Group and UK Mail are pretty much at the […]
Stobart Group’s Biomass division has won a new, long-term contract to supply fuel to the Evermore Renewable Energy Plant, which will generate revenues of £75m over the 15-year lifespan of the contract.
BCA Automotive, formerly Stobart Automotive, is now responsible for one in five finished vehicle movements in the UK, according to a statement issued to investors today.