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Vanmaster Buys Bankrupt Bentley Motorhomes
Posted By RVBusiness On September 7, 2012 @ 1:33 pm In Breaking News | No Comments
Bentley Motorhomes, the multi-award-winning U.K.-based motorhome manufacturer that went into receivership in August, has been bought by a caravan manufacturer.
Out And About Live reported that Vanmaster, a Lancashire-based manufacturer of quality caravans, has acquired the Bentley name and business from the administrator, Begbies Traynor.
Richard Saville, the administrator responsible for the sale, said he was very pleased the business has been sold, although he was disappointed it could not have be sold as a going concern. The sale, he said, has been completed and all of the tangible assets of Bentley Motorhomes have now passed to Vanmaster, including the Bentley name, motorhome design and production equipment.
The directors of Vanmaster are now working with suppliers and other interested parties with the objective of recommencing production at Bentley’s Mexborough factory.
It is planned that some of the staff laid off when the motorhome manufacturer went under will be re-employed by Vanmaster. It is also understood that Vanmaster is in discussion with Gordon Bentley about how his skills can be used in the company.
Vanmaster is also meeting with the Bentley dealer network to determine if they will sell Bentley motorhomes again when production restarts.
However, Ian Thompson, Vanmaster managing director, said when production of Bentley motorhomes restarts, it will be at a lower volume than previously. “We will not be mass production, we will be direct selling to customers.”
He also said that a primary focus of the on-going discussions with Bentley’s suppliers is to ensure that Vanmaster will be able to honor the warranty cover on Bentleys that are already on the road.
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