The deal (in conjunction with Vauxhall) provides Pentagon Group with both the Savile Street and Ecclesall Road operations, expanding their Vauxhall portfolio to eight franchises.
Pentagon group managing director Trevor Reeve said: “Our plans for this acquisition include adding the Chevrolet franchise to the Savile Street operation in the near future, which is in line with our policy to have two brands on each site. It is our intention, also, to invest in and re-launch the Vauxhall van franchise to include light and heavy vans.”
Reeve said the Ecclesall site will remain a satellite site to the Savile Street operation, carrying the Vauxhall franchise only. Both sites will gain a corporate refurbishment costing approximately £250,000 each.
Pentagon are planning to keep the130 collective workforce at both sites.
These latest acquisitions bring Pentagon’s total number of dealerships franchises to 13 - eight Vauxhall, three Chevrolet, one Saab and one Peugeot across eight sites.