Auto-Sleepers return to British ownership

• Monday, 22 June 2009
• Naomi Leach
• 0 Comments

Management buyout puts motorhome maker back into British hands

Auto-Sleeper Group Ltd (ASG) that includes the prestigious motorhome manufacturing brand of Auto-Sleepers and the UK’s largest motorhome dealer network Marquis, has been subject to a successful management buyout from its parent company S.E.A (Società Europea Autocaravan) based in Italy.

Existing directors Geoff Scott and Mike Crouch, recently acquired 100% of the shareholding to become equal partners and return ASG into British private ownership.

Geoff Scott will continue in his current role of ASG Chief Executive Officer with Mike Crouch being appointed ASG Managing Director.

Geoff commented, “Auto-Sleepers and Marquis are brand names that collectively have 84 years of history within the motorhome industry. I am delighted and honoured to have the opportunity to continue building upon the solid foundations of these renowned British marques. It continues to be a turbulent marketplace, where long-term visibility remains clouded. However, despite the current market, Auto-Sleepers are experiencing a renaissance and I am confident that ASG will enjoy a successful future.”

www.auto-sleepers.co.uk