Grace's Guide

British Industrial History

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Lex Services

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Lex Service Group, of London

1969 The name of the Lex Group of companies was changed to Lex Service Group; in addition to its original business of motor vehicle distribution, the company planned to enter other service activities not related to the motor trade cycle[1]

1970 Lost a contest with Hanson Trust for Steels Garages but then Hanson agreed to let Lex Services purchase it, and acquire Tillotson Commercial Motors and Swain Group (Motors) from Hanson[2]

1970 Tendered for a hotel at London Airport in conjunction with Hyatt[3]

1971 Started to diversify into non-vehicle businesses, especially hotels[4]

1986 The automotive business comprised Volvo Concessionaires, Lex Brooklands and Lex Mead[5]

1989 As well as motor distribution, including the national Volvo franchise, the group operated a major business distributing electronic components throughout Europe[6]

1999 Acquired RAC from the members of the Royal Automobile Club (RAC) and it was merged with the Lex Garages operation

2002 Lex Services renamed itself RAC Plc.[7]

In March 2005, RAC Plc was acquired by Aviva, and therefore delisted.


See Also

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Sources of Information

  1. The Times, Apr 20, 1970
  2. The Times, May 14, 1970
  3. The Times, Nov 29, 1972
  4. The Times, Sep 16, 1977
  5. The Times, September 18, 1986
  6. The Times, March 08, 1989
  7. The Times, February 27, 2003