Acquisition and disposal
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Acquisitions and deals 16 MarAM100's Jardine Motors Group is bought by US-based dealer Lithia
US-based dealer group Lithia & Driveway has bought Jardine Motors Group. The takeover means that now three of the 10 largest AM100 car dealers in the UK are owned by American companies.
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Acquisitions and deals 10 JanProperty giant Savills enters dealer property sector with APC takeover
Real estate services group Savills has ramped up its interest in motor retail property with its acquisition of Automotive Property Consultancy (APC) from its founder Bill Bexson.
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Car Dealer News 24 OctHedin's takeover plan of Evans Halshaw and Stratstone owner Pendragon gets extension
The London Stock Exchange has extended the deadline for Sweden-based Hedin Group to continue discussions and due diligence with Pendragon before it must decide whether to make a formal takeover bid for the major AM100 dealer group which trades under the Evans Halshaw and Stratstone brands.
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Acquisitions and deals 24 OctAuto Trader sells off its Carzone division in Ireland
Auto Trader has sold off its Webzone subsidiary, which trades as Carzone in the Republic of Ireland, for 30m euros (approx. £26m).
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Acquisitions and deals 8 AugLong-serving Vauxhall group Picador is acquired by Snows
Picador, the Hampshire dealer group which has retailed Vauxhalls for almost 60 years, has been sold to Snows Group.
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Acquisitions and deals 12 JulASE's professional services arm sold to Armstrong Watson
Automotive advisory and benchmarking firm ASE has sold its professional services division to Armstrong Watson, and ASE's motor retail taxation expert Michelle Malone will now head Armstrong Watson's automotive team.
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Car Dealer News 4 JulInchcape takes over Toyota sales in Warrington after acquisition
Inchcape has taken over Bentley Motor Group's Toyota and Citroen sites in Warrington, adding 70 people to the AM100 group's workforce.
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Acquisitions and deals 27 MayCitNOW acquires automotive messaging platform Web1on1
CitNOW Group is expanding its international portfolio with the acquisition of multi-channel messaging software platform, Web1on1.
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Car Dealer News 12 MayGlen and Thomas Obee awarded Strategic Success trophy at 2022 AM Awards
Brothers Glen and Thomas Obee have been awarded a new Strategic Success Award at the 2022 AM Awards in recognition of their work to grow Motorline, the AM100 dealer group which they sold to Marshall Motor Holdings in 2021.
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Acquisitions and deals 28 AprBrayleys expands with acquisition from Lookers
AM100 dealer group Brayleys is set to climb up the rankings from its current 89th position with its acquisition of Orpington Honda from Lookers.
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Car Dealer News 5 AprLEVC appoints new Manchester electric van dealer to replace Lookers
Taxi and van manufacturer LEVC has appointed a new dealer for the Greater Manchester region.
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Car Dealer News 16 MarInchcape to close Russian car retail operations
Inchape is pulling out of the Russian market as a result of the ongoing conflict in Ukraine.
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Car Dealer News 26 NovMarshall approached by BCA owner Constellation for takeover talks
Marshall Motor Holdings has confirmed its largest shareholder, Marshall of Cambridge, is considering the sale of its 64.4% stake in the AM100 motor retailer.
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Car Dealer News 29 OctAnders Hedin becomes Pendragon's biggest shareholder
Swedish motor retailer Anders Hedin has increased his stake in the UK's top 10 AM100 group Pendragon to just over 25% of voting rights.
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Acquisitions and deals 14 OctMarshall acquires £700m AM100 group Motorline
Top 10 AM100 motor retailer Marshall Motor Holdings has secured a £64.5 million takeover of 48-site Motorline Holdings from the Obee family.
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Acquisitions and deals 30 JunCitNOW Group acquires new software providers Reef and Quik
CitNOW has expanded its international portfolio with the addition of two automotive software providers, Quik and Reef Business Systems.
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Acquisitions and deals 2 JunLloyd Motor Group expands into York
Lloyd Motor Group has bought Inchcape's Jaguar Land Rover business in York, expanding its geographic footprint further into Yorkshire.
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Acquisitions and deals 2 JunMulti-site RMB Motor Group bought by Stoneacre
Stoneacre Motor Group has increased its Toyota, Lexus and Renault/Dacia representation with its takeover of RMB Motor Group in the North East of England.
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Car Dealer News 1 FebPendragon completes £16.3m sale of JLR dealership in California
Pendragon has completed the £16.3 million sale of its Hornburg Jaguar Land Rover (JLR) premium car dealership in Los Angeles, California.
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Acquisitions and deals 17 DecOnline motor retailer Cazoo to buy car subscription firm Drover
Cazoo is set to acquire Drover, the UK's best-known car subscription platform, in a step set to boost Cazoo's growth in the UK and into Europe.
