Endeavour Automotive has expanded into Berkshire with the acquisition of three Volvo dealerships in High Wycombe (aftersales only), Maidenhead and Slough from HSF Group.
Headed by John Caney, Endeavour Automotive now operates from 16 locations across London, Buckinghamshire, Hertfordshire and Essex, representing Volvo, Hyundai, Lotus and the London EV Company (LEVC), a producer of zero-emission taxis.
The addition of the HSF sites, formerly known as Hildenborough Squire Furneax, has boosted Endeavour’s Volvo portfolio by 50%, to nine sites.
In addition, Caney and managing director Adrian Wallington have launched a 14,000sq-ft trade parts distribution centre in London, adjacent to Endeavour’s Hyundai franchise in New Southgate.
The refurbished warehouse and office space enables the company to consolidate its parts business for Volvo and Hyundai at a single, strategic location, which it said will streamline operations, reduce logistical costs and benefit more than 600 customers across the capital and as far north as Bedfordshire.
Led by group parts manager Earl Kelchure, the centre will offer three daily deliveries and trade parts revenue is expected to top £2 million in 2019.
Chief executive Caney said: “Since we started trading in 2012, the retail automotive sector has experienced something of a roller-coaster period but we continue to respond positively to market conditions and forecast delivering revenue in excess of £200 million this financial year.
“The expansion of our Volvo portfolio and opening of a new parts distribution centre brings an additional sixty colleagues to Endeavour’s team who we look forward to working with as we continue to strengthen and grow the business.”
Founding Endeavour Automotive in 2012 marked a return to motor retailing for John Caney, who had sold his previous dealer group, £305m turnover Wayside, to Jardine Motors Group.