Harris swoops for Autorite
Light vehicle recoveries company Autorite has been acquired by entrepreneur Darren Harris and his holding company Midlands Properties. The purchase of Willenhall-based Autorite was partly funded by HSBC Bank in Wolverhampton.
Harris is the director of Autobits Scrap Metal which operates on Willenhall’s Ashmore Lake Business Park.
Hawkins Hatton, the Dudley-based corporate law firm, advised Harris on all aspects of the business and asset purchase as well as the transfer of the five-acre site.
Autorite specialises in heavy and light vehicle recovery, and has both car and commercial vehicle workshops. The business employs 20 members of staff whose jobs have been secured.
Harris said: “Autorite has a solid customer base benefitting from a full range of nationwide recovery services which we service 24/7, 365 days a year through our own capability and a network of AVRO approved partners.”
Colin Rodrigues, corporate partner for Hawkins Hatton, said: “By acquiring the business the new owners have not only secured employment for the majority of the staff, but can ensure the company drives forward positively on the back of their plans to invest further in growing the customer base and services.”
Autorite was acquired for an undisclosed fee.
