Axle Group Announce £12m Investment Strategy and Appetite for Acquisition

The Executive Board of Axle Group Holdings Limited have ratified a £12m, three-year inward investment strategy to help drive its business forward. This strategy is defined by three core pillars.

Firstly, there will be investment in Axle’s network infrastructure, which includes a significant capital investment in refurbishing its 240-strong branch portfolio. Moreover, we will see investment in equipment driven by technological advances and the increasing complexity of vehicle repairs, particularly within diagnostics and wheel alignment. Finally, we will see an upgrade in the IT systems.

Alan Revie, Chairman of Axle Group commented “The Board are united in their desire to strengthen investment in the Group. We have an extremely robust and well run business and we feel this is the right time to announce our investment strategy to help drive the company to a new level.”

He continued, “we believe this is the ideal time to further grow the size of the network and benefit from the economies of scale that come from the existing organisational structure; management expertise; brand strength and logistics capability.”