AM Online

Grainger Motor Group acquires EMG Anglia, nears AM100 scale

East Anglian dealer group EMG Anglia has been acquired by Grainger Motor Group founders, brothers Harry and Neal Grainger.

Based on EMG's latest statutory accounts, showing £116 million turnover, the deal means that Grainger Motor Group will rapidly near the threshold of the AM100 rankings of the UK's largest franchised motor retailers.

“The longstanding, successful EMG business is an acquisition that fits geographically and strategically with our growth ambitions, allowing us to further our strong partnership with Kia and pick up our former relationships with Mazda, Nissan and MG,” said the Grainger brothers, who had previously worked with their father David Grainger at Norton Way Group.

The deal will see Grainger Motor Group grow to 14 sites which includes Kia Cambridge, Ely, Kings Lynn & Thetford, Mazda Cambridge & Boston, MG Ipswich, Nissan Kings Lynn and used car sites in Huntingdon, Duxford, Bury St Edmunds, Spalding and Esso Stapleford.

“We look forward to meeting all the EMG staff and welcoming them into the Grainger Motor Group family,” said managing director Harry Grainger.

Earlier this month Harry and Neal Grainger who are now joint managing directors of the group officially became business partners with the acquisition of Mantles Kia Royston. That paved the way for the creation of the new dealer group five months after leaving their positions as operations director and finance director at Norton Way Group which was acquired by Marubeni Auto Investment in 2008.

They quickly completed the acquisition of a second site - EMG Royston, including a Vauxhall authorised repair station, which adjoins the Royston site, extending its footprint to 2.6 acres.

Pictured are Neal and Harry collecting an award for 2nd place in the Kia dealer excellence for 2023 earlier this month

The latest AM industry special issue

Dealers vote for their top suppliers

The results of the 2024 AM Dealer Recommended research

More than 20 motor retail industry suppliers have been endorsed by UK automotive retail leaders.

The dealer recommended programme is intended to provide UK motor retailers with an understanding of the supppliers that are most trusted by their peers, with an aim to help shape and inform their knowledge of their preferred targets when revising their partnerships with industry suppliers.

 

Read now

If you are not a registered user your comment will go to AM for approval before publishing. To avoid this requirement please register or login.

Login to comment

Comments

No comments have been made yet.