Administrators David Acland and Lila Thomas of FRP Advisory LLP have today completed the sale of the trade and assets of Lunar Caravans Limited (“In Administration”).
The Preston based caravan manufacturer entered Administration on 16th July following a difficult trading period linked to declining consumer confidence. The transaction sees the rescue of this well-known national brand and key part of the Preston business community.
Commenting on the deal, David Acland, Joint Administrator, said, “We are delighted to have achieved a sale of the business to Lunar Automotive Limited and we wish them success in the future. Lunar is a well-established manufacturer and given this is their 50th anniversary year, the sale has even greater significance.
"We would like to thank the staff and management of Lunar who have worked hard with us over the last few weeks. It has been tough at times but their professionalism and positive attitude has contributed to this result. We would also like to acknowledge the support of key stakeholders involved within the business, in particular South Ribble Council and the Unite Union.”
Nicholas Marks, Managing Director of Lunar Automotive, commented, “We are delighted to have acquired Lunar, we look forward to working with the team, suppliers and customers as we build on this well respected brand.”Back to News