We have advised long-standing client Arleigh Group, a specialist wholesaler of equipment and spares to the holiday home, motorhome and inland waterways markets, on its sale to NASDAQ-listed LKQ Corporation.

From its base in Nuneaton, Arleigh supplies more than 13,000 individual items of stock every day to more than 4,000 trade accounts, turning over £23.4 million last year. Until the sale the business was backed by NVM Private Equity.

LKQ Corporation is a speciality parts supplier to the automotive industry and trades in the UK through the leading Euro Car Parts brand turning over in the region of US$10 billion. It has operations in North America, China and Taiwan.

James Hunter, corporate finance partner who led the team said: “We have acted for Arleigh since its incorporation in the 1990s so it has been great to assist them with this next step.”