UK's #1 Mobility Retailer Grows Further Signs Agreement To Expand Retail Operation in the North
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May 12, 2014 - PRLog -- Ableworld, the UK’s leading mobility retailer has entered into a joint venture with a North West financier, Barry Pearson, to expand their existing chain of retail outlets. The new company, Mobility GB Limited, provides a fully funded strategy which combines the proven experience of all parties to support Ableworld’s aggressive plans for growth. The strategy is based on organic growth from new retail units and the acquisition of existing operators in the sector. Mike Williams, Managing Director for Ableworld says “Barry approached us late last year with the intention of investing in our sector and after discussing various options we decided that the best route was via a joint venture” he added “the board of Ableworld have all been involved in the process and we are all excited at the prospect of developing our business with Barry”. Speaking about his decision Barry explains “I am very positive about this sector and after taking a long, hard look at the market identified Ableworld as leaders in

the field” “I was impressed” he adds “with the company’s ethics and business model. I also feel comfortable working with Mike and the team at Ableworld”. Ableworld’s Finance Director Neil Cox, who was instrumental in helping to structure the deal feels that it is a win-win situation “Barry wanted to invest in the sector and we are always looking for ways

to develop the brand.” “We believe the collaboration will prove to be beneficial to

both of us and to our wider stakeholders especially our customers, who will find more opportunities to shop at Ableworld”. The joint venture is already well advanced

in opening its first retail outlet in the summer and agents have been appointed to source further sites in target towns across the country. For more information on the joint venture or any existing operator wishing to explore selling their existing operation please contact Paul Boniface, Franchise


Victoria Cooper-Samios
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