Drayton Motors has celebrated its 2021 car retail success with the return of its annual awards after securing the acquisition of Cropleys Suzuki and adding the Maxus franchise to its portfolio.
Accident Repair Group Alton Cars Ltd has been acquired in a Management Buyout (MBO) which secures a succession plan for founder Tony Parish.
Lloyd Motor Group is set for further expansion with the acquisition of Windermere-based Kia retail group Rayrigg Motors.
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.
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.
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.
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.
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.
Halfords has redoubled its focus on offering vehicle servicing and tyres with the £62 million acquisition of the National service centre network.
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).
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.
Greenhous Group has continued its growth in commercial vehicles with the acquisition of Heatons Truck Group.
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.
Cazoo has acquired Swipcar, a Spanish digital car subscription business.
Mercedes-Benz Retail Group has continued to sell-off its UK car retail sites with the sale of its Epsom dealership to Sandown Motors.
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.
Snows Motor Group has added a sixth Peugeot dealership to its franchise portfolio through the acquisition of Hamble Motors of Southampton.
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.
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.
Constellation Automotive claims to have reached “unmatched scale” in automotive retail after expanding its car retail operations into Europe with the acquisition CarNext.
