M&A Deal Summary

Vertu Motors Acquires Powerbulbs & Car Bulbs

On August 12, 2021, Vertu Motors acquired e-commerce company Powerbulbs & Car Bulbs

Acquisition Highlights
  • This is Vertu Motors’ 1st transaction in the E-Commerce sector.
  • This is Vertu Motors’ 10th transaction in the United Kingdom.

M&A Deal Summary

Date 2021-08-12
Target Powerbulbs & Car Bulbs
Sector E-Commerce
Buyer(s) Vertu Motors
Deal Type Add-on Acquisition

Target

Powerbulbs & Car Bulbs

Gateshead, United Kingdom
website
Powerbulbs & Car Bulbs is an online supplier of car parts and specializes in supplying high-quality Philips headlight bulbs to customers worldwide. Powerbulbs & Car Bulbs is based in Gateshead, United Kingdom.

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Buyer(S) 1

Buyer

Vertu Motors

Gateshead, United Kingdom

website


Category Company
Founded 2006
Sector Retail
Employees6,184
Revenue 3.6B GBP (2022)
DESCRIPTION

Vertu Motors is an automotive retail businesses in the United Kingdom. Vertu Motors was founded in 2006 and is based in Gateshead, the United Kingdom.


DEAL STATS #
Overall 10 of 11
Sector (E-Commerce) 1 of 1
Type (Add-on Acquisition) 7 of 8
Country (United Kingdom) 10 of 11
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-19 Huddersfield Honda

Huddersfield, United Kingdom

Huddersfield Honda is an operator of an authorized repair contract for Mitsubishi vehicles. Huddersfield Honda is based in Huddersfield, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-08 Helston Garages Group

Gateshead, United Kingdom

Helston Garages Group is a manufacturer automotive retail group. Helston Garages Group was founded in 2000 and is based in Gateshead, England.

Buy £117M