Shares mag3 Dec 2015 15:07
Cambria boosts M&A firepower
Franchised motor retailer Cambria Automobiles’ (CAMB:AIM) strong cash reserves and new banking facilities have boosted acquisition capacity in what remains a highly-fragmented market. Sales have exceeded the £500 million milestone for the first time amid favourable market conditions, M&A and more work in high luxury and premium brands. (JC)