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M&A Deal Summary

Vertu Motors Acquires Greenoaks

On March 1, 2016, Vertu Motors acquired retailer Greenoaks for 22M GBP

Acquisition Highlights
  • This is Vertu Motors’ 4th transaction in the Retail sector.
  • This is Vertu Motors’ 2nd largest (disclosed) transaction.
  • This is Vertu Motors’ 6th transaction in the United Kingdom.

M&A Deal Summary
Date 2016-03-01
Target Greenoaks
Sector Retail
Buyer(s) Vertu Motors
Deal Type Add-on Acquisition
Deal Value 22M GBP

Target

Greenoaks

Bracknell, United Kingdom
Greenoaks operates the Mercedes-Benz outlets in Reading, Ascot and Slough, with the Reading and Ascot outlets also representing the smart franchise and Ascot being an AMG performance centre. Greenoaks has represented Mercedes-Benz for over 30 years.

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Buyer(S) 1

Buyer

Vertu Motors

Gateshead, United Kingdom
Category Company
Founded 2006
Sector Retail
Employees7,591
Revenue 4.8B GBP (2025)
DESCRIPTION

Vertu Motors is an automotive retail business. Vertu Motors was founded in 2006 and is based in Gateshead, England.

DEAL STATS #
Overall 6 of 12
Sector: Retail M&A 4 of 6
Type: Add-on Acquisition M&A Deals 5 of 8
Country: United Kingdom M&A 6 of 12
Year: 2016 M&A 2 of 4
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-25 Lookers - Honda Depots

United Kingdom

Lookers - Honda Depots in Nottingham, Derby and Stockton-On-Tees consists of three honda dealerships which engage in the sales of new and used cars.

Buy £2M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-03 Inchcape Retail - Leeds Jaguar

United Kingdom

Inchcape Retail - Leeds Jaguar comprises automotive retail operations and is located in the United Kingdom.

Buy -
Mergr

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