AM Online

Lifestyle Europe acquires Tates Renault

Lifestyle Europe has acquired Tates Renault in Carden Avenue, Hollingbury, Brighton for an undisclosed sum.

Marc Matthew, Lifestyle Europe’s chairman said the step to acquire the new site, which is the 20th dealership in its network, is part of the group's ongoing growth strategy.

Lifestyle Europe managing director Peter Isted, said: “We are pleased to have agreed this deal with Renault.

“The location of the Carden Avenue site is great and sitting just by the A27, next to a 24-hour Asda superstore, which makes this dealership very accessible.

“We are taking over the operation with immediate effect and we will be bringing our proactive and attentive approach to sales and servicing on this Lifestyle Renault site.”

Lifestyle Europe plans to add the Ford service and parts franchises to the Carden Avenue site too in order to “enable maximum return from the investment made by Lifestyle Europe and to give a better service to Ford owners in Brighton”.

With their various brands, servicing and sales sites, the Brighton acquisition brings the number of operations run by Lifestyle Europe to 20 within 10 years of operation.

The company has dealerships in Sussex, Surrey and Kent covering the Ford, Mazda, Renault, Subaru and Isuzu franchises.



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

Comment as guest


Login  /  Register

Comments

No comments have been made yet.