Arleigh International going from strength to strength
In news / By Lydia Cooper / 05 August 2016
Earlier in the week, we were delighted to hear that caravan accessories and spare part supplier, as well as long term client, Arleigh International had been bought by Nasdaq listed LKQ Corporation, a supplier of alternative and specialist parts to repair and accessories cars and other vehicles.
The Warwickshire based business which employs around 90 people, has been sold by private equity owner NVM to LKQ. NVM has invested in Arleigh International since 2004 and backed the management buy-out by current managing director Alastair Thomas, when the company had sales of around £4.5m. Arleigh has grown through acquisition and organically to its current turnover today of £25m.
Arleigh has been a client of Nasstar’s for over 6 years and as such has been witness to its incredible growth and diversification.
Nigel Redwood, CEO of Nasstar plc, says: “It has been a fantastic journey to see Arleigh go from strength to strength and develop into the company it is today. From all at Nasstar, congratulations to Alastair and his team and all the very best of luck for this next exciting chapter. We look forward to supporting your business for many years to come.”