Motability Operations acquires 22-acre site in Coalville
Added by Love Business East Midlands | 20 July 2022
UPDATED: 20 July 2022
Motability Operations, one of the largest wholesale used vehicle suppliers in the UK, has acquired The Fleet Auction Group’s 22-acre facility on the Stephenson Industrial Estate, Coalville.
In response to increasing demand for good quality, used vehicles, Motability Operations will develop the 22-acre space into a state-of-the-art vehicle conditioning centre, doubling the company’s existing capacity for the assessment, imaging and refurbishment of vehicles.
The facility will be operated by IT Fleet, one of the company’s existing vehicle refurbishment partners, with up to 25,000 vehicles refurbished on site each year for sale through the remarketing arm of the business, mfldirect.
The investment marks an ongoing commitment to a bold five-year vision, with customers sitting right at the heart of mfldirect’s plans to become the easiest-to use supplier of wholesale vehicles at scale. It follows the company’s recent launch of a new online marketplace, designed to revolutionise the customer buying experience.
Damian Oton, Managing Director of Fleet at Motability Operations, said:
“Condition management is an essential part of the remarketing supply chain, and we recognise the importance of this to our customers. Investing in our own refurbishment capabilities allows us to enhance the overall value of our offering for our customers through our personal commitment to quality of service much earlier in the process. And by ensuring confidence in supply, we can give our customers greater accessibility to the cars they need to keep pace in a busy and challenging marketplace.”
Andrew Timmis, Managing Director at IT Fleet, said:
“We’re delighted to be building on our existing strong partnership with Motability Operations by developing a central dedicated refurbishment site at Coalville. IT Fleet have over 21 years of experience in vehicle logistics, refurbishment and vehicle management systems allowing for a complete operational fulfilment process to be utilised by Motability Operations.
“We are very much looking forward to using that experience to grow a customer-focussed leading vehicle solution, that is both an integral part of the future refurbishment plans for mfldirect and demonstrates their ongoing commitment to supplying quality vehicles and service to their customers.”
“Having worked with Motability Operations over the past 20 years, we are extremely proud to be sharing this announcement today. Motability Operations’ proposed state-of-the-art vehicle conditioning centre will leave a lasting legacy and be a positive contribution to the regeneration of the local area.”
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