Steer announces prestige acquisition

Steer Automotive Group has acquired prestige repairer Fastlane Paint & Body, which has sites in Guildford, Ascot, Heathrow and Elstree.

An approved repairer for brands such as Rolls-Royce, Jaguar Land Rover, Mercedes-Benz AMG, Mercedes-Benz EQ, Maybach, Brabus, BMW, Tesla and Audi, Fastlane’s acquisition marks a significant growth step in Steer’s luxury vehicle repair division.

Richard Steer, Chief Executive, said, “We are thrilled to welcome Fastlane into the Steer family. This acquisition not only expands our footprint in the luxury space but also aligns with our commitment to excellence in automotive services, providing enhanced value to our customers and insurance partners. We look forward to building on Fastlane’s impressive track record and integrating their expertise into our operations.”

Fastlane will continue to be lead by the leadership team of Managing Director Alex Andrea and Mark Hassan.

Alex said, “When my business partner Peter Weil decided he wanted to retire we explored a number of different options and it was clear from the outset, that in spite of significant interest from elsewhere, the best fit for our business, clients and colleagues was to become part of the Steer Automotive Group family and I’m delighted that we have managed to conclude a deal with Richard and the team at Steer. We are very excited about the future prospects of our business under new ownership.”