News7 Jan 2014 12:05
Lookers buys Glasgow Volkswagen Van Centre
Wednesday, 18 December 2013
Andy_Bruce90
Lookers has bought Volkswagen Van Centre Glasgow from KPMG, the administrators recently appointed to Verve.
Lookers said the deal positions it for further expansion in Glasgow and the surrounding area.
Andy Bruce, the incoming chief executive at Lookers, said:
"We are delighted to have the opportunity to add to our growing dealership portfolio in Scotland through the acquisition of Volkswagen Van Centre Glasgow, which underlines our commitment to further growing our relationship with the wider Volkswagen Group.”
Lookers has been growing in Scotland. Last year it acquired the Lomond Audi businesses in Glasgow, Edinburgh, Stirling and Ayr as well as a large VW Group parts business.
In May this year, the company acquired the ex-Shields Land Rover business in south Glasgow which has been rebranded as Taggarts, joining Lookers' other Land Rover and Jaguar dealerships in Glasgow and Motherwell.
Lookers is rated five in the Motor Trader Top 200 with annual turnover of £2.1bn.