THE Vertu Motors group has bought the Volkswagen dealership in Skipton from a trading subsidiary of Sytner Group Limited.
The purchase of Skipton dealership, and dealerships in Leeds, Huddersfield and Harrogate, from Goodman Retail Ltd cost £8.8 million and takes the group’s Vertu Volkswagen brand to nine outlets.
The acquisition also further enhances Vertu Motors portfolio in Yorkshire, complementing the group’s existing 13 outlets serving the Nissan, Renault, Jaguar, Land Rover, Vauxhall and Honda brands.
Robert Forrester, CEO of Vertu Motors, said: “The addition of these excellent dealerships augments the group’s representation of the Volkswagen brand and expands our operational footprint in Yorkshire.
“The acquisition also reflects the group’s strategy to continue to grow a significantly scaled franchised dealership business built on the back of a strong balance sheet, scalable operational systems and excellent relationships with its manufacturer partners.”
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