AM Online

Park’s expands with second BMW/Mini site

Park’s of Hamilton, the £250m turnover multi-franchise group, has paid an undisclosed sum to acquire its second BMW/Mini dealership.

The group was founded in Hamilton in 1977 and acquired its first BMW outlet there in 1986.

In its statement announcing the acquisition, Park’s describes Henry Bros of Glasgow as Scotland’s “largest BMW dealership”. Ray Diggins, marketing manager, says this is based on sales volume, but the group has not disclosed figures.

According to BMW, the purchase was “a natural process”, and the manufacturer has no programme to encourage consolidation of its retail sites in Scotland.

Diggins says: “We are an expanding group, and would be interested in buying another BMW/Mini site if the opportunity arises.”

Douglas Park, chairman of Park’s of Hamilton, adds: “The acquisition of Henry Bros will further consolidate our position as a major player with BMW.”

The former Henry Bros site, which will trade as Douglas Park Ltd, operates new and used car showrooms, and separate aftersales and bodyshop operations, from sites in the centre of Glasgow and in the Hillington area.



If you are not a registered user your comment will go to AM for approval before publishing. To avoid this requirement please register or login.

Comment as guest


Login  /  Register

Comments

No comments have been made yet.