M&A Deal Summary |
|
|---|---|
| Date | 2016-01-25 |
| Target | Lookers - Honda Depots |
| Sector | Retail |
| Buyer(s) | Vertu Motors |
| Sellers(s) | Lookers |
| Deal Type | Divestiture |
| Deal Value | 2M GBP |
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| Category | Company |
|---|---|
| Founded | 2006 |
| Sector | Retail |
| Employees | 7,591 |
| Revenue | 4.8B GBP (2025) |
Vertu Motors is an automotive retail business. Vertu Motors was founded in 2006 and is based in Gateshead, England.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 12 |
| Sector: Retail M&A | 3 of 6 |
| Type: Divestiture M&A Deals | 1 of 4 |
| Country: United Kingdom M&A | 5 of 12 |
| Year: 2016 M&A | 1 of 4 |
| Size (of disclosed) | 6 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-12-01 |
Who’s Ace Holdings
Sittingbourne, United Kingdom Who’s Ace Holdings Ltd. operates a well-established on-line vehicle parts business headquartered in Sittingbourne, Kent. The AceParts business has built a successful presence in the non-franchised, on-line, automotive parts marketplace. AceParts has built considerable know-how in this market, where managing data relating to the fitment of parts to specific vehicles is a critical component of a successful business model. |
Buy | £2M |
| 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 |
| Category | Company |
|---|---|
| Founded | 1908 |
| Sector | Automotive |
| Employees | 6,562 |
| Revenue | 4.3B GBP (2022) |
Lookers is a car dealership chain in the United Kingdom with over 90 dealerships turning over in excess of £1bn annually. Lookers was founded in 1908 and is based in Altrincham, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Retail M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-03-10 |
Lookers Colborne
Guildford, United Kingdom Lookers Colborne Ltd. is a dealer for new and preowned cars and vans. |
Buy | - |
