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Vertu Motors acquires Burrows Motor Company Limited to expand dealership network

Oct 29, 2024

Acquiring Company

Vertu Motors

Acquired Company

Burrows Motor Company Limited

GatesheadDoncasterManufacturingAutomotiveAutomotiveFleet ManagementMotor Vehicle Manufacturing

Description

Vertu Motors, a prominent UK automotive retailer, has announced the strategic acquisition of Burrows Motor Company Limited, increasing its dealership network and reinforcing its partnerships with leading car manufacturers. This acquisition significantly boosts Vertu's presence in Yorkshire and Nottinghamshire and is expected to be earnings enhancing in its first full year under Vertu's ownership.

Quick answer

Vertu Motors is acquiring Burrows Motor Company Limited, announced October 29, 2024. Vertu Motors is based in Gateshead, England, United Kingdom.

How much did Vertu Motors pay for Burrows Motor Company Limited?
The deal value was not disclosed.
What does Vertu Motors do?
Vertu Motors is a prominent UK automotive retailer with a strong focus on expanding its dealership network and reinforcing partnerships with leading car manufacturers.
Where are Vertu Motors and Burrows Motor Company Limited based?
Vertu Motors is based in Gateshead, England, United Kingdom. Burrows Motor Company Limited is based in Doncaster, England, United Kingdom.
Who are the decision-makers at Vertu Motors?
Fundz holds 5 contacts at Vertu Motors. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Automotive and Automotive

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Vertu Motors

Location

Gateshead, England, United Kingdom

About

Vertu Motors is a prominent UK automotive retailer with a strong focus on expanding its dealership network and reinforcing partnerships with leading car manufacturers. It has a strategic approach to growth through acquisitions and is committed to creating shareholder value.

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Frequently asked

Who acquired Burrows Motor Company Limited?

Burrows Motor Company Limited was acquired by Vertu Motors, based in Gateshead. The deal was reported on October 29, 2024. Vertu Motors is a prominent UK automotive retailer with a strong focus on expanding its dealership network and reinforcing partnerships with leading car manufacturers. Vertu Motors is privately held and operates in Manufacturing.

When did Vertu Motors acquire Burrows Motor Company Limited?

Vertu Motors's acquisition of Burrows Motor Company Limited was reported on October 29, 2024. Vertu Motors, a prominent UK automotive retailer, has announced the strategic acquisition of Burrows Motor Company Limited, increasing its dealership network and reinforcing its partnerships with leading car manufacturers. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Burrows Motor Company Limited do?

Burrows Motor Company Limited is a family-owned dealership group with five Toyota dealerships, two Mazda dealerships, and one Kia dealership. It is privately held, operating in Automotive, and is based in Doncaster.

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