Divestiture • Retail

Vertu Motors Acquires Inchcape Retail - Leeds Jaguar

On May 3, 2016, Vertu Motors acquired retailer Inchcape Retail - Leeds Jaguar from Inchcape

Acquisition Context
  • This is Vertu Motors’ 5th transaction in the Retail sector.
  • This is Vertu Motors’ 7th transaction in the United Kingdom.

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M&A Deal Summary

Date May 3, 2016
Target Inchcape Retail - Leeds Jaguar
Sector Retail
Buyer(s) Vertu Motors
Sellers(s) Inchcape
Deal Type Divestiture

Target Company

Inchcape Retail - Leeds Jaguar

United Kingdom
Inchcape Retail - Leeds Jaguar comprises automotive retail operations and is located in the United Kingdom.
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Buyer Overview 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 Context for Buyer #
Overall 7 of 12
Sector: Retail 5 of 6
Type: Divestiture 2 of 4
Country: United Kingdom 7 of 12
Year: 2016 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-01 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.

Buy £22M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-01 Gordon Lamb Group

Gateshead, United Kingdom

Gordon Lamb operates the Toyota, Land Rover, Skoda and Nissan outlets in Chesterfield and the Skoda outlet in Derby and has traded for over 60 years.

Buy £19M

Seller Profile 1

SELLER

Inchcape

London, United Kingdom

Category Company
Founded 1847
Sector Distribution
Employees17,588
Revenue 9.3B GBP (2024)
DESCRIPTION

Inchcape is an automotive distributor and retailer. Inchcape was founded in 1847 and is based in London, England.


Deal Context for Seller #
Overall 2 of 3
Sector: Retail 1 of 1
Type: Divestiture 2 of 3
Country: United Kingdom 2 of 3
Year: 2016 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-24 Baltic Motors

Farmington, Michigan, United States

Baltic Motors Corp. is a U.S. company focused on the importation and sale of Ford and Land Rover vehicles and parts throughout Latvia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-26 Grupo Rudelman

San Jose, California, United States

Grupo Rudelman is an Automotive Distribution business in Central America focused on Suzuki. Grupo Rudelman, a family-run business, has grown into one of the leading and most successful automotive Distributors in Central America. The business has built and maintained strong market positions and scale as the Distributor and exclusive Retailer for Suzuki in both Costa Rica and Panama.

Buy $284M

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