14 Apr 2025 Rutland Exits Aston Barclay
On 13th April 2025, Rutland Partners LLP completed the sale of ABVR Holdings Limited (“Aston Barclay”) to trade buyer Constellation Automotive Group (“CAG”). Rutland originally invested in Aston Barclay in 2017, with the group providing auction and related services to the automotive sector.
As a scale integrated vehicle retail, auction, logistics and vehicle purchasing group in the UK and Europe, CAG is a strong buyer and plans to invest and develop the business further.
Oliver Jones, Partner at Rutland, said:
“We are pleased to have secured the sale of Aston Barclay to CAG, and would like to thank the entire team at Aston Barclay for their hard work and commitment to the business. CAG is a strong buyer for the business, and I wish them every success.”
Greg MacLeod, Chairman of Aston Barclay Group said:
“It has been my pleasure to work with the team at Aston Barclay Remarketing and The Car Buying Group over the last five years under the ownership of Rutland Partners. Rutland has been a steadfast and committed owner, driving the group forward through sometimes challenging times.
The acquisition by CAG is a logical next step for the business. Access to the unparalleled size, scale, and expertise of BCA will provide great opportunities for colleagues, and also for vendors, buyers and consumers.”