The board of directors at Cambria Automobiles has confirmed that chief executive Mark Lavery has been given more time to negotiate a management buy-out (MBO) of the AM100 car retail PLC.
TrustFord has continued the consolidation of the Ford's car retail network in London through the acquisition of Cambria Automobiles’ franchises in Croydon and Wimbledon.
ASE Automotive Solutions has been acquired by Canadian software investment firm Valsoft.
Rainworth Motor Group doubled its franchised car retail footprint with a Hyundai and Isuzu dealership acquisition after its directors went from the AM cover to expansion talks in the space of three days.
GForces and Autofutura have vowed to connect car manufacturers, automotive finance providers, car dealers and consumers to optimise the entire customer journey with a merger announced today.
Richmond Motor Group has completed the acquisition of Hendy Motor Group’s Suzuki GB franchised car dealership in Havant.
Automotive finance provider White Clarke Group has been acquired by US-based IDS to form a single entity claiming to serve a $7 trillion secured finance end market.
Vertu Motors has “cemented” its position as the biggest Honda retailer in Europe with the acquisition of Hepworth Honda in Huddersfield.
Cox Automotive continues growth strategy with Codeweavers acquisition
CDK Global has been rebranded as Keyloop and completed the acquisition of both Rapid RTC and enquiryMAX following its takeover by Francisco Partners (FP).
The Chorley Group has joined the Vauxhall and Mitsubishi franchises with the acquisition of Lancashire-based 06 Ormskirk Ltd.
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.
Waylands Automotive has joined the Kia Motor UK franchised network with the acquisition of Pendragon's Evans Halshaw car dealership in Reading.
Drayton Motors has completed the acquisition of Grantham Kia operator Victor Wood Group for an undisclosed fee.
Cazoo has begun an expansion “across Europe” with the acquisition of German car subscription provider Cluno.
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.
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.
Sandown Motors Group has completed the acquisition of the Sytner Group’s Mercedes-Benz car dealership in Newbury – extending its footprint into Berkshire.
Autofutura has acquired Chysalis Loyalty to combine the lead management and customer retention knowhow for car retailers, manufacturers and fleet operators.
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.
