Specialist coachbuilder CPP Global Holdings Ltd has acquired Bowler Off Road Limited, the maker of the Nemesis high-performance cross country racer, for an undisclosed sum in an acquisition deal completed January 2011. The acquisition was completed after several months of positive talks between Bowler and CPP and the completion of a due diligence procedure.
Brendan O’Toole, managing director of Coventry, U.K.-based CPP, said the acquisition is “extremely positive” news for fans and customers of Bowler vehicles. O’Toole added that the acquisition is another step in CPP’s strategy to grow as a collection of complementary specialist automotive ventures.
Drew Bowler, managing director of Derbyshire, U.K.-based Bowler, said his company will expand and reach its full potential owing to access it now has to greater resources in a number of respects: a highly skilled workforce, finances, advanced facilities and its technical capabilities. Bowler added that CPP will bring top-notch manufacturing and commercial expertise to Bowler’s business.
In 1999, Drew Bowler founded Bowler, which makes the Nemesis high performance off-road racer based on current Land Rover technology to meet the FIA T1 specification for the World Cup Cross Country Championship.
Over the last decade, several Bowlers run by private customer race teams have completed the grueling yearly Paris-Dakar Rally. Engineering and development will still be at Bowler’s current facilities in Belper, Derbyshire. However, production, including that of the Nemesis EXR road-going variant from early 2012, will be shifted to CPP in Coventry.