Partner Article

Vertu accelerates North of the border

NORTH East car dealer Vertu Motors has bought its third and fourth Scottish dealerships of the year for up to £2.5m.

The company has acquired two dual franchised Ford and Mazda dealerships in Glasgow and Hamilton from Shields Automotive Limited.

Both will be rebranded Macklin Motors, which is the Group’s brand established this year for current and future dealership acquisitions in Scotland.

CEO Robert Forrester said: “We are pleased to have agreed to acquire a further four sales outlets in Scotland. This demonstrates continued delivery of our strategy to grow a scaled motor retail group across the country in targeted regions.

“We are excited by the opportunities this acquisition brings with our manufacturer partners, Ford and Mazda and both dealerships are in prime retail locations representing an excellent geographic fit with the Group’s existing Scottish dealerships.

“We will now have six sales outlets in Scotland and we look forward to continuing to grow the Macklin Motors brand.”

Vertu was established in 2006, bought the Bristol Street Motors brand the following year and is now the country’s ninth-largest motor dealer with annual sales of almost £800m.

This was posted in Bdaily's Members' News section by Ruth Mitchell .