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Pentagon To Buy Grimshaws Vauxhall In Manchester

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Pentagon Group has agreed to acquire Grimshaws Vauxhall, which includes two sites in Manchester and a corporate fleet division in Horwich near Bolton, for an undisclosed sum.

  • The deal is expected to take the group's annual turnover to around £400 million and 25 franchise points in total. All Grimshaws current team and management will be retained.

    Pentagon already represent Vauxhall in the nearby towns of Oldham and Rochdale.

    The decision to sell came as Grimshaws owner and Managing Director Alan Grimshaw has decided to retire from the business.

    William Grimshaw & Sons Limited was formed in 1882 by Alan Grimshaws’ Great Grandfather and Pentagon are keen to continue the values that are entrenched within the family run business.

    Trevor Reeve, Pentagon Chairman, said: “We are delighted to be expanding our business in Greater Manchester. The two sites in Prestwich and Eccles will take our Vauxhall representation up to ten dealerships, and I expect the closeness of these sites to our other Vauxhall dealerships in the area to provide us with significant operational synergies in the future.

    He added: “The dealerships in Prestwich and Eccles are both full of potential and I am looking forward to working closely with everyone there”.

  • The deal is expected to take the group's annual turnover to around £400 million and 25 franchise points in total. All Grimshaws current team and management will be retained.

    Pentagon already represent Vauxhall in the nearby towns of Oldham and Rochdale.

    The decision to sell came as Grimshaws owner and Managing Director Alan Grimshaw has decided to retire from the business.

    William Grimshaw & Sons Limited was formed in 1882 by Alan Grimshaws’ Great Grandfather and Pentagon are keen to continue the values that are entrenched within the family run business.

    Trevor Reeve, Pentagon Chairman, said: “We are delighted to be expanding our business in Greater Manchester. The two sites in Prestwich and Eccles will take our Vauxhall representation up to ten dealerships, and I expect the closeness of these sites to our other Vauxhall dealerships in the area to provide us with significant operational synergies in the future.

    He added: “The dealerships in Prestwich and Eccles are both full of potential and I am looking forward to working closely with everyone there”.

"I’m thrilled that we have become part of the Pentagon family, who like us believe that traditional family values are still as important today as they ever were. I know that the business is now in safe hands to continue its future success." Alan Grimshaw
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5 years ago
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Representative Finance Example
APR Representative 8.9%
Cash Price £8,995
Deposit £176.10
1st Monthly Payment £326.10
58 Monthly Payment £176.10
Final Monthly Payment £326.10
Amount of Credit £8818.90
Total Amount Payable £11042.10
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Duration 60 Months