Blue Diamond Riley Services Under New Ownership

Established pre-war Riley experts, Blue Diamond Services, are delighted to announce that the business will shortly be under new ownership. The new ownership team, headed up by VSCC member and Riley aficionado, John Lomas, will complete the purchase of the business in the coming weeks. Blue Diamond Services, which has thrived under the previous ownership of Ian Gladstone for some forty years, will be named Blue Diamond Riley Services Limited and will continue to trade under the same principles that Ian installed during his long and successful tenure.

Ian will be retained at Blue Diamond Riley Services Limited in a consultancy role for eighteen months to ensure the successful handover of the business and will be on hand to guide John and the team in this exciting phase of Blue Diamond’s development.

Significant investments will be made in the new company over the coming period to ensure its continued success and growth. However, it is very much ‘business as usual’, with no interruptions for customers and with many of the original workforce still in place to ensure continued stability.

Speaking about the purchase, new joint owner John Lomas commented, ‘to be able to take forward Ian’s business is a great honour and privilege and I am looking forward to playing a part in the next forty years of Blue Diamond. This is a business dedicated to the highest quality workmanship and the provision of an extensive parts support service. It is my intention to continue both elements and grow the business further over the coming period’.

Ian Gladstone, speaking of the sale, said ‘I did not take the decision to pass on the business lightly and, after speaking with several potential new incumbents, felt that John was best-placed to take Blue Diamond into its next chapter. I, along with John, will continue to support both our current customers and welcome new faces at this exciting time. I have every confidence that John and his team will ensure the continued success of the Blue Diamond name’.

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