AmD under new ownership

[Daz]

Big Boys Toys Announce AmD Technik Buyout

[s4woody]

i heard this last nite from my tuner..was gonna post it but thought i,d wait and see if it was 4real..

[DavidT]

Interesting.

Anyone care to speculate on the background to that deal ?

[GrahamS4]

Sounds like they are actually moving from Bicester.

"Further information will be released over the coming days and AmD Technik will be trading from BBTs' West Thurrock premises as of Monday 12th February 2007 (see address below).

AmD Technik
Unit 6, Cliffside Trade Park
Motherwell Way
West Thurrock
Essex
RM20 3LE"

[s4woody]

well atleast there nearer to me now..

[Daveperc]

My guess is that the owner Geoff Everett who has owned the business since 1987 is getting to the age where realising the value of the business by way of a trade sale makes eminent sense. Along comes a "strategic buyer" and it all falls into place.

Pure speculation mind you!

Dave

[DavidT]

My guess is that the owner Geoff Everett who has owned the business since 1987 is getting to the age where realising the value of the business by way of a trade sale makes eminent sense. Along comes a "strategic buyer" and it all falls into place.

Pure speculation mind you!

Dave

Could be, but I thought he sold out a few years ago. Scott went off to Aus a while back too. Didn't Simon own it last ?

[s4woody]

i wish i did..

[Daveperc]

Appears that it was owned 50:50 between Adam Bloch and St Peters House (Nominees) Ltd - so now you know!!

Dave

[DavidT]

Appears that it was owned 50:50 between Adam Bloch and St Peters House (Nominees) Ltd - so now you know!!

Dave

DOH, Adam it was, not Simon.

Cheers.

[clubsport]

I think this is a really positive move, especially as the location will help some of us nearer London who had to travel to get things done to our cars.

I know the new owner locally who is a decent chap and I am sure the guys will do everything they can to make this a success going forward

[MarkB]

Sounds like they are actually moving from Bicester.

"Further information will be released over the coming days and AmD Technik will be trading from BBTs' West Thurrock premises as of Monday 12th February 2007 (see address below).

AmD Technik
Unit 6, Cliffside Trade Park
Motherwell Way
West Thurrock
Essex
RM20 3LE"

Thats quite a change of location! So I wonder how many of the staff will be moving?

[bobjebb]

Good news for APS and MRC.

Still a shame to see one of the smarter tuners going.

One more for the chav brigade. Get yer Burberry out.

[jeffw]

They where never the same once Geoff Everett left....

[ChipHazzard]

Although they may be nearer me now, It'll take a lot of good reports before I consider using them. It's still MRC for me