The deal, for an unspecified figure, adds three Vauxhall dealerships in Great Yarmouth, Beccles and Diss, one Chevrolet outlet in Norwich and an accident repair centre in Great Yarmouth to Thurlow Nunn’s existing businesses. Group turnover is increased by £18m to almost £80m.
Thurlow Nunn already operates five Vauxhall locations in King’s Lynn, Wisbech, Fakenham, East Dereham and Holt, a Toyota site in St Ives and a combined Subaru, Mitsubishi and Isuzu showroom in Downham Market. It is also opening a Saab showroom in King’s Lynn at the end of the month.
Chris Rutterford, managing director, believes integrating the new businesses will be straightforward. “It’s a well run, successful company and shouldn’t need mending. It has good management and processes in place already. We’re thinking more along the lines of evolution rather than revolution,” he says. The showrooms will be rebranded as Thurlow Nunn later this year.
All 150 staff have been retained, taking Thurlow Nunn’s total workforce to more than 350 employees. The group includes an agricultural equipment division and an industrial buildings business.
Warwick Shubrook, who founded his group in 1991, has now retired from the motor retail industry.