acquisitions and deals
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Acquisitions and deals 12 JanLloyd Motor Group expands with Kia through Rayrigg Motors acquisition
Lloyd Motor Group is set for further expansion with the acquisition of Windermere-based Kia retail group Rayrigg Motors.
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Acquisitions and deals 12 JanSherwoods targets growth with Stellantis after Town Centre acquisition
Sherwoods Motor Group has targeted further growth with Stellantis after it added a second Citroen franchise through the acquisition of Sunderland car retailer Town Centre Automobiles.
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Acquisitions and deals 6 JanConstellation Automotive owner TDR Capital agrees £4.1bn LeasePlan sale
Constellation Automotive’s private equity fund owner TDR Capital is set to dispose of its LeasePlan vehicle leasing business after securing a €4.9 billion (£4.1bn) sale.
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Supplier News 17 DecKeyloop acquires Peter Vardy online car retail tech provider SilverBullet
Keyloop has continued its strategy “to build, to buy and to partner” its way to growth with the acquisition of Peter Vardy’s online car retail software provider SilverBullet.
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Acquisitions and deals 13 DecVertu Motors completes £9.2m Farmer & Carlisle Toyota acquisition
Vertu Motors has deployed some of its “M&A firepower” to complete the £9.2 million acquisition of two-site Toyota franchised car retailer Farmer and Carlisle.
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Acquisitions and deals 6 DecMarshall board highlights Constellation's 'ownership responsibilities' in recommending takeover
Marshall Motor Group’s board has highlighted the “responsibilities of ownership of MMH” in a statement recommending the acceptance of Constellation Automotive’ s £201.6 million takeover offer.
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Aftersales 3 DecHalfords servicing totals 604 sites after £62m National acquisition
Halfords has redoubled its focus on offering vehicle servicing and tyres with the £62 million acquisition of the National service centre network.
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Supplier News 3 DecSteer Automotive claims 'fastest growing body shop' title after latest acquisition
Steer Automotive Group has laid claim to the title of “UK’s fastest growing accident repair group” after completing the acquisition of Tyne Tees Vehicle Repair Group (TTVRG).
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Acquisitions and deals 29 NovConstellation Automotive’s £201.6m Marshall Motor Group offer ‘accepted’
Constellation Automotive’s £201.6 million offer for a 64.4% controlling stake in Marshall Motor Group has been described as a “done deal” after an ‘undertaking to accept’ was published via the London Stock Exchange.
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Acquisitions and deals 29 NovGreenhous Group adds four DAF locations with Heatons Truck Group acquisition
Greenhous Group has continued its growth in commercial vehicles with the acquisition of Heatons Truck Group.
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Acquisitions and deals 17 NovCazoo acquires Spanish subscription firm Swipcar
Cazoo has acquired Swipcar, a Spanish digital car subscription business.
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Acquisitions and deals 17 NovMercedes-Benz Retail Group sells-off Epsom dealership to Sandown Motors
Mercedes-Benz Retail Group has continued to sell-off its UK car retail sites with the sale of its Epsom dealership to Sandown Motors.
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Car Dealer News 15 NovMervyn Stewart opens its first Suzuki GB dealership following acquisition
Northern Ireland car retail group Mervyn Stewart has opened its first Suzuki GB franchise with the acquisition of the existing Phillip Petersen operation in Bangor.
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Acquisitions and deals 8 NovSnows adds sixth Peugeot dealership with Hamble Motors acquisition
Snows Motor Group has added a sixth Peugeot dealership to its franchise portfolio through the acquisition of Hamble Motors of Southampton.
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Acquisitions and deals 19 Oct
Cazoo agrees £6.5m acquisition of commercial vehicle retailer Van365
Cazoo has agreed the £6.5 million acquisition of online commercial vehicles retailers Van365 ahead of its launch into the van market later this year.
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Acquisitions and deals 15 OctConstellation claims 'unmatched scale' across Europe after CarNext acquisition
Constellation Automotive claims to have reached “unmatched scale” in automotive retail after expanding its car retail operations into Europe with the acquisition CarNext.
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Car Dealer News 14 Oct'Caged tiger' Marshall CEO emerged from COVID isolation to complete Motorline deal
Marshall Motor Group chief executive Daksh Gupta was described as a “caged tiger” after COVID-19 isolation kept him locked away ahead of completion of today’s Motorline acquisition.
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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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Car Dealer News 1 OctEastern Western Motor Group reports 33% rise in pre-tax profit in 2020
Eastern Western Motor Group has reported a near-33% rise in pre-tax profits in a set of 2020 annual financial results which lay bare the impact of the COVID-19 pandemic on its trading activity.
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News 1 OctSW Car Supermarket acquisition kick-starts Big Motoring World growth plan
Big Motoring World has kick-started an growth plans with the acquisition of Peterborough-based used car supermarket group SW Car Supermarket.
