Steven Eagell Group has completed the acquisition of six Toyota and two Lexus dealerships from Jardine Motors Group in Cambridgeshire, Essex and Suffolk.
The total number of branches now operated by the Milton Keynes based, privately-owned, company is 20 (17 Toyota and 3 Lexus), following a round of acquisitions in 2016.
AM revealed details of the acquisition after staff at the affected dealerships were informed of the deal earlier this month.
Steven Eagell Group managing director, Steven Eagell, said: “We are delighted to welcome our new colleagues to the team, and look forward to working with them in continuing to provide an excellent customer experience.
“This acquisition fits geographically and strategically with our growth ambitions, allowing us to further leverage our strong and long-standing relationship with our manufacturer partners, Toyota (GB) and Lexus (GB), to benefit our customers.”
“A swift integration with minimum disruption is our top priority, along with delivering a first-class customer experience throughout these new territories.”
Steven Eagell Group’s new acquisitions are:
• Toyota Cambridge
• Toyota Chelmsford
• Toyota Ipswich
• Toyota Rayleigh
• Toyota Romford
• Toyota St Ives
• Lexus Cambridge
• Lexus Ipswich
• Lexus Southend (After Sales Only)