AM Online

Norton Way group sold to Marubeni

Norton Way Motors has been bought by Marubeni Auto Investment, the Japan-based parent company of RRG Group.

This is the third large acquisition for Marubeni, which bought RRG Group in 2000, and acquired four Smith Knight Fay Toyota and Lexus dealerships in 2006 from European Motor Holdings. It takes its turnover to more than £420 million.

The acquisition of Norton Way adds one Peugeot, one Mazda and two Honda dealerships to Marubeni's portfolio, which until now was focused on Toyota, Lexus, Peugeot and Mazda through RRG Group.

Norton Way's Chiswick Honda site was the UK's first Honda brand centre, selling its full range of cars, motorcycles, garden equipment and tools.

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