Acquisition and disposal
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Car Dealer News 31 JanLithia takeover of Pendragon dealerships due to complete today
Today is the date that the deal between America's Lithia and Driveway and AM100 dealer group Pendragon is expected to be completed. leaving Lithia in charge of nearly 200 franchised dealerships in the UK.
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Car Dealer News 30 JanInchcape Retail may be up for sale, group confirms
The AM100 dealer group Inchcape Retail UK is up for a takeover.
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Acquisitions and deals 19 JanSteer Automotive attracts European investor as Keyhaven exits
Private equity firm Keyhaven Capital Partners has agreed to sell its equity stake in independent collision repair group Steer Automotive to Oakley Capital.
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Car Dealer News 15 JanHelensburgh Toyota dealership sold to employees
Scottish motor dealer Helensburgh Toyota is charting a new future under staff ownership after being sold to a trust formed by its 34 employees.
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Acquisitions and deals 9 JanDeal means Sytner now owns one in every six of UK's BMW dealerships
The AM100 leader, Sytner, now owns a sixth of the entire UK network of BMW and Mini dealerships, following the completion of its latest takeover.
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Car Dealer News 3 JanGreenhous expands fleet footprint at Upper Heyford
Greenhous Group has become the lease holder of the former BCA site in Upper Heyford.
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Car Dealer News 29 DecThe FCA rules on Pendragon sell-off to Lithia
The Financial Conduct Authority has given the go-ahead for US-based Lithia Motor's takeover of the motor retail part of Pendragon, including its Pendragon Finance and Insurance Services Limited business.
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Opinion 20 DecExecutive View: Assessing the automotive retail landscape
Following a pivotal few months for the automotive sector, Greg Cox, Director at FRP Corporate Finance, assesses the current challenges
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Acquisitions and deals 11 DecSytner to acquire AM100 dealer Rybrook
Sytner is set to expand its portfolio of luxury car dealerships with a takeover of the majority of AM100 dealer group Rybrook.
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Acquisitions and deals 11 DecSLM Group acquires Quest Motor Group in Braintree
SLM Group has acquired a Suzuki dealership and Bosch Service Centre in Braintree as part of its acquisition of Quest Motor Group for an undisclosed sum.
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Car Dealer News 1 NovVertu strengthens South West presence with Rowes acquisition
Vertu Motors has strengthened its presence in the South West with the acquisition of Honda franchisee Rowes Garage.
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Acquisitions and deals 24 OctBig Motoring World predicts £1bn turnover following latest acquisitions
Big Motoring World is expected to break £1bn turnover following its recent growth and latest acquisitions of two Available Car locations for an undisclosed sum.
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Acquisitions and deals 13 OctLivingstone Motor Group expands with dealership acquisition
Andrew Iveson, managing director of Livingstone Motor Group, has acquired the site of Broad Hill Garage near Driffield to expand his business.
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Car Dealer News 9 OctEyes now on AutoNation for Pendragon counter-bid
Reports suggest that America's AutoNation car dealer group is considering increasing its bid for Pendragon to snatch it from rival Lithia Motors.
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Car Dealer News 6 OctCar dealer Lookers set to be delisted from London Stock Exchange
The AM100 dealer group Lookers is set to be delisted from the London Stock Exchange next week in accordance with its takeover by Global Auto Holdings, a bidding vehicle and sister business to Canada's Alpha Auto Group.
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Car Dealer News 3 OctHolden Group acquires seventh dealership, outlines Volvo investment plans
Independent Holden Group has grown its business to seven locations across East Anglia following the acquisition of Cecil & Larter in Bury St Edmunds.
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Car Dealer News 2 OctLithia adds an extra £117 million to its Pendragon acquisition offer
America's Lithia Motors has increased its acquisition offer for Pendragon by 42%, another £117 million, taking the amount being offered for all its Stratstone, Evans Halshaw, Carstore and PVM motor businesses up to £367 million.
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Car Dealer News 27 Sep
USA's Auto Nation joins Lithia, Penske and Hedin in Pendragon takeover battle
American motor retailer AutoNation has now joined the bidding war for Pendragon, with its own 32p per share pitch matching the revised offer proposed by its US rival Lithia.
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Acquisitions and deals 18 Sep
USA's Lithia Motors to buy Pendragon in £250m deal to become UK's 2nd biggest dealer group
US-based Lithia Motors could be set to take over Pendragon's dealership and leasing businesses in a £250 million deal which would leave Pinewood, Pendragon's software division, behind as a standalone entity retaining Pendragon's stock market listing.
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Acquisitions and deals 12 SepAutovista Group, Glass's owner, is taken over by JD Power
Autovista Group, the owner of UK car values brand Glass's, has been acquired by the global automotive data and analytics firm JD Power.
