Here we feature the latest business acquisition deals in Wales.

One the UK’s leading independent commercial vehicle dealers, David Spear Commercials, has become employee majority-owned.

The Tredegar-based business, which generated revenues of £26m in its last financial year, has been 60% acquired via an employee ownership trust. The business has 26 staff.

Founded by David Spear in 1987, the business has grown to become a leading player in the commercial vehicle sector, supplying a wide range of vehicles to businesses across the UK.

Mr Spear said: “This company has been my life’s work, built with the support of my wife Sarah, our children, and now with our son Elliot actively involved in the business.

“We’ve created something very special over the years, and I wanted to secure its futu

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