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Lawson's growth plans
3rd May 1990, Page 18
3rd May 1990
Page 18
Page 18, 3rd May 1990
— Lawson's growth plans
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• 31 has invested E1.5m in car transporter specialist Richard Lawson Motor Company to help its UK and European expansion plans. 31 becomes a minority shareholder.
After 14 years in vehicle servicing, the company plans to expand into used, followed by new truck dealing within two years. It will concentrate on trucks and cars, but will also sell some vans from its six re pair sites. Two new repair depots will open in Southampton and Sheerness.
The Edinburgh-based firm, which operates 200 car transporters out of 12 depots, also plans to open depots on the Continent.
Managing director Richard Lawson predicts that these developments will increase company turnover from £15m to £18m by the end of 1991.