Thursday, December 07, 2006
Ex-Vardy MD aims high with new business
Robert Forrester, the former managing director of Reg Vardy, is to launch a new company on the AIM market of the London Stock Exchange by the end of the year.
Vertu Motors will seek “to acquire and consolidate UK motor retail businesses”.
Forrester is joined by fellow founder members Bill Teasdale, non-executive chairman, Tom Fairgrave and Karen Anderson, all of whom formerly held senior positions at Reg Vardy.
The group’s acquisition strategy will include buying freehold properties to “maximise long term value for shareholders".
DATED: 07.12.06
FEED: MT
Vertu Motors will seek “to acquire and consolidate UK motor retail businesses”.
Forrester is joined by fellow founder members Bill Teasdale, non-executive chairman, Tom Fairgrave and Karen Anderson, all of whom formerly held senior positions at Reg Vardy.
The group’s acquisition strategy will include buying freehold properties to “maximise long term value for shareholders".
DATED: 07.12.06
FEED: MT
