Motor Trader The award-winning and longest running UK magazine for car retailing professionals. Your first stop for News, Jobs and Reports for the motor industry.
Anderson Clark Motor Repairs has been sold to an Employee Ownership Trust (EOT) formed by its 14 employees.
The Inverness-based, £2m-turnover repairer has been in business for 28 years. It is currently owned by the Graham & Sheila Clark’s family who will remain involved as part of the transition to employee ownership.
The new leadership team will comprise managing director designate, Neil Johnstone, company secretary Katie Fraser and workshop manager Alan Reid.
Managing director Graham Clark, who formed the company in 1996 with his late business partner David Anderson, said: “People have always been at the heart of what we do, we have fabulous staff and great customers.
“This felt as a natural progression giving the team control of their destiny and the company will remain in the hands of people who made it what it is today.
“Customers value our services, the personal aspect of how we conduct business and the familiar trusted staff who deal with their motoring needs.”
Anderson Clark Motor Repairs is believed to be the first Independent Motor Vehicle Repair Centre in Scotland to transition to an Employee Ownership Model.
It joins the growing number of Scottish businesses that are moving to employee ownership.
Research from Co-operative Development Scotland shows that the number of employee-owned businesses in Scotland now sits at 286, up 47% since 2022.
Anderson Clark director Alan Reid said: “Forming an EOT is the perfect solution for us. It allows us to continue to serve our customers, many of whom have used Anderson Clark Motor Repairs for over 20 years, while retaining the same talented members of staff, some of whom have been part of our team for just as many years.
“We hope to continue the success story of Anderson Clark, maintaining the high levels of customer service our customers have come to expect.”
Anderson Clark was advised by Ralph Leishman of 4 Consulting, Douglas Roberts and Nimarta Cheema of TLT and Jonathan Innes of Innes and Partners.