Pentagon Motor Group confirms Vauxhall acquisition
Following an initial announcement at the start of August, Pentagon Motor Group has today confirmed its acquisition of the Archie Moss Vauxhall dealership in Loughborough, from owners, CSM (Basingstoke) Ltd. The Loughborough site offers new and used Vauxhall car sales as well as aftersales support for Citroen, Peugeot and Renault.
Pentagon, part of Motus Group (UK), already operates 50 franchise outlets across a range of major vehicle manufacturers, with 26 sites across the East Midlands, North West, South Yorkshire and Lincolnshire. At the start of the year, it acquired three Ford sites, at Warrington, St Helens and Runcorn, from the Ford-owned TrustFord retail group, and has recently opened its third Peugeot franchise location in the UK, in Barnsley.
Pentagon Motor Group, managing director, David Lewis, said, “We were delighted to have the opportunity of adding to our current Vauxhall portfolio of nine dealerships. We are concluding the final points of consultation with the existing staff and are anticipating all will join us under normal TUPE regulations.“
Speaking on behalf of Vauxhall at the time of the initial announcement, Stephen Norman, Group Managing Director, said, “Pentagon and the Motus Group have been key long term partners of Vauxhall and Groupe PSA for over 28 years. This acquisition further demonstrates Vauxhall's strength in the UK market and the strong investment opportunity, with the addition of three strong sister brands providing investors with an even greater return for their investments”.
Motus Group (UK) CEO, Rob Truscott, said, “As a Group, we are committed to growth. Not growth at any cost, but where we see real opportunity at sensible investment levels. The timely completion of the acquisition of this important Vauxhall dealership fits well with our ambitions.”
Already encompassing the UK’s largest independent commercial vehicle dealer group, and with its passenger vehicle interests included, Motus Group (UK) Ltd. ranks inside the Top 15 of all UK automotive dealer groups. The company has annual revenues of over £1 billion and employs some 3000 people across its operations.
Visit Pentagon Loughborough or call on 01509 213030 for more information or discuss the services available.