Rivervale Group's Acquisition of Castle Minibus
Following the management buyout (MBO) announcement in April 2022, The Rivervale Group revealed the acquisition of Castle Minibus, one of the leading Minibus leasing providers in the UK.
Rivervale, as well as, being one of the leading car and van leasing brokers has over the last four years expanded its offering to include minibus, fleet management services and more recently operating an electric van franchise under the Maxus brand. The integration of Castle Minibus into the Rivervale Group will see Rivervale take a firm grip on the Minibus market utilising the relationships of each provider to its strengths as well as the experience of key personnel. Chris Maynard former proprietor of Castle for 26 years sadly passed away in 2022 and was keen to ensure the business continued successfully.
Chris’s wife and business partner Caroline said ‘We are all really pleased that Castle Minibus will continue to grow with the Rivervale Group. Chris was a passionate Champion of Minibus Safety, and I am confident that Castle Minibus will go from strength to strength.’
Neil Chapman, Chairman of Rivervale said, "We are thrilled to welcome Castle Minibus into the Rivervale family, the pairing of these like-minded businesses allows us to better serve our customers by offering a comprehensive range of minibus services, and we look forward to the opportunities and growth that this partnership will bring."
Rivervale is currently going through a re-brand process which further exemplifies the commitment to evolving the business and pushing forwards.
The terms of the acquisition have not been disclosed.
About The Rivervale Group:
Rivervale is a leading provider of leasing and rental vehicles in the United Kingdom, offering a wide range of cars, vans, and minibuses. Rivervale also offers fleet management services and an electric van franchise with Maxus. With a commitment to excellent customer service and a reputation for quality, Rivervale is dedicated to helping customers get on the road.
About Castle Minibus:
Castle Minibus is a Minibus leasing provider in the United Kingdom. With a strong reputation for reliability and customer service, Castle Minibus has been serving the transportation needs of customers for many years.
