Warrington firm sold and 340 jobs saved after going into administration

A MERCEDES can and truck firm based in Warrington has been bought out of administration. Roanza Limited, based in Risley, operated full service Mercedes van and truck dealerships under franchise from eight sites, predominately in the north west. Grant Thornton was appointed administrators and most of the business and assets of the company have been sold to Estar Truck and Van Limited, with approximately 340 employees transferred as a result.

Estar will continue to operate a range of services across Trafford Park, Liverpool, Warrington, Deeside and Stoke-on-Trent. The sale did not include the company’s operations at sites in Doncaster, East Manchester and one of the two sites previously operated in Liverpool, which will all cease to trade with immediate effect. Around 80 positions have been made redundant at these three sites, around half of which were already furloughed.

Sarah O’Toole, advisory partner at Grant Thornton UK LLP, said: “While it is always difficult when any elements of a business cease to trade and redundancies need to be made, we are delighted to have secured the sale of operations and the five larger sites and the continued employment of the majority of staff.” The commercial vehicle sector has been in contraction for some time, and the company suffered losses in 2019, which were exacerbated during lockdown, according to the administrators. Premier Vehicle Rentals Limited operates a separate van and truck leasing business, with a fleet of more than 900 vehicle which was not included in the sale.

The rental company employed seven staff, a number of whom have been retained by the company in administration to assist with the realisation of assets for the benefit of the creditors.

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