Be the first to know
Subscribe here to receive NVM email bulletins about NVM, our market and our portfolio straight to your inbox.
Suppliers of accessories and spares to the holiday home and boating market.
NVM exited in August 2016 with a 4 x money multiple and an Internal Rate of Return (IRR) of 24% for NVM.
NVM Private Equity LLP (NVM) has exited from Arleigh International, a European supplier of static caravan accessories and spare parts to Nasdaq listed LKQ Corporation, a supplier of alternative and specialist parts to repair and accessorise cars and other vehicles. The sale represents NVM’s fourth profitable exit from its portfolio in the past six months with a 4 x money multiple and an Internal Rate of Return (IRR) of 24% for NVM.
Nuneaton based Arleigh International has supplied spare parts and accessories to the UK caravan holiday home market since the late 1960’s. It expanded into the narrow boat supplies market in 1997 through the acquisition of Marine Mart, a business founded by Alastair Thomas in early 1990s, when it was just a Portacabin by the canal selling narrow boat engines and gearboxes.
Since 2004, NVM has invested a total of £3.3 millionto support Arleigh International. The business has grown strongly both organically and by strategic acquisitions. In 2011 Arleigh acquired Nova Leisure, also a supplier of caravan and motorhome equipment. As a consequence, Arleigh became the principal UK distributor of the well-known Fiamma product range which has been one of the key drivers for growth.
On a macro-level, Arleigh has benefited from the rising popularity of UK ‘staycation’ holidays. In 2016, sales of new motorhomes returned to record levels with a 26% increase in sales during the first quarter of 2016.