Pre-pack deal keeps garage on the road

A pre-pack administration has secured the future of a garage in Derby.

An accelerated sales process for Elite Auto Centres (Derby) resulted in a deal for the full-service motor vehicle garage.

The business and its assets have been acquired by Elite MOT Station, a company directed by Mathew Lowe.

He said: “The previous owners of Elite Auto Centres have established a reputable business that offers a one stop shop for repair and maintenance requirements in a prime location in Derby, and I am looking forward to enhancing our offering even further.”

Dean Nelson and Nick Lee from Smith Cooper were appointed as administrators this week to consolidate the sale.

Nelson added: I’m confident that Mathew’s extensive experience in the automotive sector will assure the businesses future going forward, and that customers will continue to receive reliable, quality services that they have become accustomed too, delivered with integrity and affordability.”