Footman James Sold
Wednesday 18th December 2013
The sponsor of last years NEC Classic Car Show - Footman James, has been sold to Towergate, the lagest insurance intermediary who has already got over a million clients.
With a name that has been around for more than 30 years Footman James has a reputation for providing financial assistance for clubs who use them, support that is reported to continue post take over. With about 150 existing staff said to be kept on by the new owners, they are said to be retaining existing Cradley Heath headquarters for the time
Andy Fairchild, Footman James managing director said: “I believe that being part of Towergate will be the start of an exciting and positive journey for Footman James and the classic vehicle movement in general. Our vision is to continue to lead the specialist market and work ever more closely with clubs and partners. Here’s to another 30 years.â€
Towergate Group chief executive officer Mark Hodges commented: “Acquiring and integrating good quality businesses is central to our growth strategy. Footman James has built a market-leading specialist motor operation with a strong track record and brand identity, complementing Towergate’s existing cherished car book. “I’m delighted to welcome Footman James to the Towergate Group and we will work hard to integrate the business over the coming months.â€
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