acquisitions and deals
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Acquisitions and deals 15 MarVertu becomes Europe's biggest Honda dealer with Hepworth Huddersfield acquisition
Vertu Motors has “cemented” its position as the biggest Honda retailer in Europe with the acquisition of Hepworth Honda in Huddersfield.
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Supplier News 3 MarCox Automotive continues growth strategy with Codeweavers acquisition
Cox Automotive continues growth strategy with Codeweavers acquisition
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Supplier News 2 MarKeyloop rebrand for CDK Global followed by Rapid RTC and enquiryMax acquisitions
CDK Global has been rebranded as Keyloop and completed the acquisition of both Rapid RTC and enquiryMAX following its takeover by Francisco Partners (FP).
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Acquisitions and deals 1 MarChorley Group joins Vauxhall and Mitsubishi franchises with 06 Ormskirk Ltd acquisition
The Chorley Group has joined the Vauxhall and Mitsubishi franchises with the acquisition of Lancashire-based 06 Ormskirk Ltd.
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Car Dealer News 1 MarVertu Motors positioned to realise ‘ambitious growth aspirations’ after extraordinary 2020
The Vertu Motors board has said that the AM100 car retail group is positioned to realise “ambitious growth aspirations” after crediting a huge Vertu team effort for a creditable 2020 trading performance.
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Car Dealer News 23 FebWaylands joins Kia network with Reading Evans Halshaw dealership acquisition
Waylands Automotive has joined the Kia Motor UK franchised network with the acquisition of Pendragon's Evans Halshaw car dealership in Reading.
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Acquisitions and deals 23 FebDrayton Motors completes Victor Wood Group Grantham Kia acquisition
Drayton Motors has completed the acquisition of Grantham Kia operator Victor Wood Group for an undisclosed fee.
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Acquisitions and deals 23 FebCazoo acquires German car subscription service Cluno to expand into Europe
Cazoo has begun an expansion “across Europe” with the acquisition of German car subscription provider Cluno.
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News 18 FebRomans International to expand supercar showroom into former TrustFord site
Supercar dealer Romans International is set to expand its showroom facilities into a former TrustFord dealership a “stone’s throw” from its current location in Banstead.
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Acquisitions and deals 17 FebHawkins Motor Group acquires Town & Country Nissan dealership in Truro
Hawkins Motor Group has added a new brand to its franchised car dealership portfolio with the completion of a deal to acquire Town & Country Nissan.
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Acquisitions and deals 12 FebSandown Group acquires Sytner Mercedes-Benz dealership in Newbury
Sandown Motors Group has completed the acquisition of the Sytner Group’s Mercedes-Benz car dealership in Newbury – extending its footprint into Berkshire.
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Supplier News 5 FebAutofutura acquires Chrysalis Loyalty to combine loyalty and retention knowhow
Autofutura has acquired Chysalis Loyalty to combine the lead management and customer retention knowhow for car retailers, manufacturers and fleet operators.
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People News 22 DecVertu Motors appoints new Vertu Motorcycles division brand director
Vertu Motors has promoted Honda Grantham general manager Mark Goode to the newly-created role of Vertu Motorcycles division brand director following the acquisition of BMW Motorrad Sunderland.
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Acquisitions and deals 21 DecMitchells courts new car franchises after Kerridges acquisition
Award-winning Groupe Renault retailer Mitchells is courting new car franchises after acquiring Vauxhall specialist Kerridges, at Halesworth.
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Acquisitions and deals 11 DecFix Auto Dagenham acquires Hainault franchise
The Fix Auto Dagenham business has acquired neighbouring Fix Auto Hainault from owner Roy Watts, who is retiring from the industry.
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Acquisitions and deals 7 DecVertu Motors completes Inchcape BMW and Mini dealership acquisitions
Vertu Motors has completed its long-awaited acquisition of 12 BMW, Mini and BMW Motorrad franchised motor retail outlets across five locations from Inchcape’s Cooper BMW division.
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Supplier News 1 DecCar retail DMS giant CDK Global acquired by US tech investor for £1.1bn
Car retail DMS giant CDK Global has been sold to leading global investment firm Francisco Partners in a deal worth $1.45 billion (£1.08bn).
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Acquisitions and deals 23 NovStoneacre adds Lexus franchise with Jardine dealership acquisition
Stoneacre Motor Group has created a dual-brand Aston Martin and Lexus dealership in Newcastle after forging its first partnership with the Japanese premium brand via an acquisition from Jardine Motors Group.
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Acquisitions and deals 16 NovInchcape in ‘latter stages’ of Cooper BMW and Mini dealership disposals
Inchcape UK CEO James Brealey has asserted that his retail group remains “committed” to its BMW and Mini franchises after confirming it is in the latter stages of disposing of sites in the North East and Croydon.
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Car Dealer News 12 NovVertu Motors begins recruitment for BMW and Mini retail division
Vertu Motors has begun recruitment for a BMW division expected to be created from a multi-site acquisition to be completed during December.
