Belfast Telegraph

Wilsons Auctions continues to grow after buying over south Wales car sales company

By John Mulgrew

Northern Ireland business Wilsons Auctions is expanding after taking on a new company in Wales.

The Mallusk firm is acquiring Newport Auctions following the retirement of the current owners.

It brings the total number of sites for Northern Ireland-based Wilsons Auctions to 17, including nine branches, as well as "logistic and storage locations" across the UK and Ireland.

Wilsons Auctions group operations director Peter Johnston said: "We are thrilled to announce we are adding another branch to Wilsons Auctions' expanding map with the purchase of Newport Auctions.

"We felt it was a great opportunity to acquire this already established family business, allowing us to expand our offering into the South Wales region and strengthening our position as the leading independent auction company within the British Isles.

"As a result of our law enforcement contracts, especially around the wider region of south Wales and the south west region of England, the Newport location, premises and staff will be in an excellent position to strengthen our current offering.

"As a result of our growth plans, we are confident there will be further expansion for the branch with additional auctions taking place and ultimately leading to further job opportunities."

Newport Auctions has expanded to become one of the largest independent auction houses in Wales, selling around 20,000 used cars and other vehicles each year.

Belfast Telegraph

Weekly Business Digest Newsletter

This week's business news headlines, directly to your inbox every Tuesday.

Popular