MBO of Allins Motorcycles
Allins Motorcycles Mr Richard Franklin is pleased to announce that he has successfully led a management buyout of Hallens of Cambridge Ltd.
Based on Histon Road in Cambridge and trading under the famous ‘old’ name of Allins Motorcycles, the Company is the area's leading supplier of Suzuki, Yamaha and Honda motorbikes carrying the full range of new models as well as a large stock of nearly new and used bikes.
Comprehensive workshops together with fully factory trained staff deliver year round service and repair facilities and the on-site shop offers a full range of motorbiking clothing, helmets and accessories.
Hallens, established in 1933, has always been a Cambridge based business, once running various car franchises before specialising in the motorcycle marketplace. Its current team of twelve staff are all enthusiasts and bring many years of experience and trade expertise with them.
Mr Richard Franklin, Owner and Managing Director at Allins, said, “We are delighted to have secured the future for Allins, its staff and all its valued customers. We would like to thank our advisers, Mr Tony Stairs at PEM Corporate Finance and the team at Hewitsons; without them the deal would not have happened”. Mr Tony Stairs of PEM Corporate Finance added, “This is a good deal for everyone involved with Allins and we wish the new team every success in the future”.