Changing gear

Article Abstract:

Culver is a UK broker for travel insurance and is expanding in motor distribution. The company is likely to be named a distributor for Rover in Wales and holds to Welsh franchises for BMW. The company aims to sell its insurance broking business or find a partner, and sell real estate in order to pay for the expansion into motor distribution. The company involves risks for investors but is also an attractive opportunity and the shares are recommended.

Culver Holdings PLC

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Strange but successful combination

Article Abstract:

Gowrings is involved in automobile dealerships and restaurants, and both activities are growing. The company owns 31 Burger King retaurants and plans a drive-through in Hove, England, by year-end 1999, with four more planned by Jun 2000. New car sales have been affected by changes in number plate dates, but this activity has still seen a rise in profit. The company could achieve a profit of 1.94 million pounds sterling in 1999, according to Peel Hunt.

Eating places, Limited-Service Restaurants, Fast Food Hamburger Restaurants, Restaurant industry, Fast food restaurants

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