RHCV Drives Expansion Northwards
Renault Trucks dealer RH Commercial Vehicles (RHCV) is expanding its footprint northwards with a new 64,000 sq ft site in Derbyshire, its first in the county. RHCV – who already have sites in Nottingham and Leicester have purchased Alfreton based Cotes Park Commercials for an undisclosed sum as part of its strategic expansion across the East Midlands.
Established for 30 years Cotes Park Commercials currently provides service and repair of all makes of vehicles across the whole of Derbyshire and North Nottinghamshire. The current team of five is being retained and will be boosted with three additional new members of staff this year. RHCV plan to invest a substantial amount in the site over the next 12 months with the addition of a new local Renault parts stock, diagnostic equipment and tooling to boost the service offered to new and existing customers.
The Alfreton business will remain as Cotes Park Commercials in the short term and will eventually be rebranded as RH Commercial Vehicles.
Nigel Baxter, Managing Director at RHCV comments: “We have been looking at expansion in this vicinity for some time and Cotes Park is the perfect fit for RHCV. Ideally located with excellent accessibility the site is just off the A38 and M1 motorway (junction 28) the new site offers a four bay workshop with room for further expansion.
This acquisition forms an integral part of the on-going development of our network so that we can provide first class sales, parts, service and repair facilities to our existing and expanding customer base. Extending our footprint takes us closer to our customers, making it easier for them to do business with us. This purchase means we are now in a stronger position to grow our market share across the East Midlands.” He added.
RHCV were advised on the acquisition by Fraser Brown solicitors. Gavin White, corporate partner at Fraser Brown comments “We are delighted to have assisted RHCV on another transaction. This acquisition demonstrates RHCV’s commitment to develop and expand it’s business and we wish them the best of success with Cotes Park.”
RHCV has a turnover of £17m and specialises in sales, parts and servicing for heavy and light commercial vehicles from its head office in Nottingham, plus a 8,000 sq ft Leicester branch.
The previous owners of Cotes Park Commercials Robert and Mike Knowles will stay with the business for a period of handover. Robert Knowles commented; “We’re really pleased that the excellent RHCV team will be taking over Cotes Park Commercials this will enable the business to flourish and grow in the coming years. We’ve run the business for over 30 years and it is really important for us to find a safe, yet innovative pair of hands for this operation.”
RHCV is an authorised distributor for Renault Trucks and provides new and used sales, service and parts for the full Renault Trucks range as well as all-makes parts and servicing for commercial vehicles.
Derek Brinklow, Renault Trucks’ Network Development Director added “We’re very supportive of RHCV’s long term plans to optimise network coverage that supports our current and prospective customers across the East Midlands.”
RHCV’s purpose built facilities in Nottingham delivers a full range of sales and aftermarket services including a dedicated paint shop and a designated MOT bay. It also has a Leicester site which operates as a full Renault Trucks Repairer providing repair, maintenance and vehicle supply.//php comments_template( '', true ); ?>