Rygor Group Ltd has undergone a change of ownership following a management buy-out by two of its senior sales staff. The new owners are John Keogh, formerly the sales director, and Rish Channa, the previous head of truck sales. Keogh is now managing director with Channa as commercial director. The pair are joined on the new board by former finance director Tim Smith, and Sean Joyce, previously service director, in the roles of group finance director and aftersales director respectively.
The Rygor Group includes Rygor Commercials, the Mercedes-Benz dealership chain whose nine locations extend from Chilcompton and Westbury in the south-west, up to Kidderminster and Nuneaton in the Midlands and across to Heathrow. It will shortly be opening a brand new 44,000 sq ft site at Worton Park in Reading. In addition, the Group operates Maxus van and Higer coach franchises.
New MD Keogh said: “As you can imagine, this is an extremely exciting time for us and the future of Rygor Group Ltd. We love the Rygor business and both Rish and I have been working within it for more than a decade. Being able to say that we are now joint owners of the company, is a really special moment for us.
“We have a fantastic team here at Rygor, an award-winning team, and our focus over the past few years has continued to centre on their progression, wellbeing and building a positive company culture. We were thrilled to become Great Place to Work certified in 2022, as well as standing out for our employee engagement, as overall at the Institute of Internal Communications Awards. This continues to be a key objective for the Rygor business. Over the past year we have implemented a new appraisal process, an enhanced apprentice programme and an incredible wellbeing programme. It is our team members who make us strong and successful, and we are greatly looking forward to working with them as Rygor continues to lead the way. We will also be focusing on building a more sustainable and greener future for the business and working with brands on electric vehicles will be key to this.”
Pictured: (Left to right) Sean Joyce, Tim Smith, John Keogh and Rish Channa