Steer Automotive Group has acquired Rye Street Group, which manages a network of seven repair centres and holds 23 manufacturer approvals and 24 insurer approvals.
This strategic geographical acquisition underscores Steer’s ongoing commitment to expanding its service capabilities, enhancing customer experience, and solidifying its reputation for excellence in the automotive repair sector.
Both Rye Street Group Managing Directors Bill Duffy and Lee McNaughton will be exiting the business as part of this transition.
However, Nick Ferris and the senior management team will remain in place, ensuring continuity and stability during this period.
Chief Executive Richard Steer said, “We are very pleased to welcome Rye Street Group into the Steer family. This acquisition is a strategic step towards our vision of providing unmatched automotive repair services across the UK. We are particularly excited to welcome our new colleagues, whose expertise and dedication have laid a strong foundation that we are eager to build upon. Together, we will deliver even greater value to our customers and partners, driving forward our commitment to excellence in everything we do.”
