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AUTOPROTECT (MBI) founding management shareholder SHaW International Holdings have sold its 50% interest to joint-venture partners Correlation Investments Limited (CIL).

The desire of the majority shareholders of SHaW to retire from the business and the identification of significant growth opportunities and synergies within their wider motor portfolio has prompted CIL to take full control of AutoProtect.

Founding Directors David Shapiro and Nick Wake have resigned from all their duties at AutoProtect and the remaining SHaW team members, Prakash Chandarana and Ernest Lacey will continue in their current roles, led by the Company’s Chief Executive Wil Beaumont.

 

 

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