Vertu Motors has acquired Hughes Group and its subsidiary Hughes of Beaconsfield, which has Mercedes-Benz dealerships, for £21.8 million.
All 250 staff of Mercedes-Benz dealer group Greenoaks, which has been acquired by Vertu Motors, are due to meet their new directors this evening.
Vertu Motors has acquired its first Mercedes-Benz franchises, exactly six months after it bought Audi businesses and rapidly expanded its prestige division.