6 Nov 2014 07:00
6 November 2014
Cambria Automobiles plc
("Cambria" or the "Group")
AIM: CAMB
Appointment of Joint Broker
Cambria, the franchised motor retailer, is pleased to announce the appointment of Zeus Capital Limited as Joint Broker to the Group with immediate effect. N+1 Singer remains as Nominated Adviser and Joint Broker.
Enquiries:
Cambria Automobiles Mark Lavery, Chief Executive James Mullins, Finance Director
| 01707 280 851 |
N+1 Singer - NOMAD & Joint Broker Jonny Franklin-Adams / Nick Owen
| 020 7496 3000 |
Zeus Capital - Joint Broker Tim Metcalfe / Adam Pollock
| 020 7533 7727 |
Tavistock Catriona Valentine / Emma Blinkhorn | 020 7920 3150 |
About Cambria
www.cambriaautomobilesplc.com
Cambria was established in 2006 with a strategy to build a balanced motor retail group, through close cooperation with its manufacturer partners and the acquisition and turnaround of underperforming businesses.
The Group now comprises 28 dealerships, representing 45 franchises and 18 brands, in a balanced portfolio spanning the high luxury, premium and volume segments.
The Group operates dealerships across England with a geographical spread from the North West through the Midlands, down to Kent in the South East and across as far as Exeter in the South West, trading under local brand names, including, County Motor Works, Dees, Doves, Grange, Invicta, Motorparks and Pure Triumph.
Cambria's brand portfolio currently comprises Abarth, Alfa Romeo, Aston Martin, Chrysler Jeep, Citroen, Dacia, Ford, Fiat, Honda, Jaguar, Land Rover, Mazda, Nissan, Renault, Seat, Triumph, Vauxhall and Volvo.
The Group's success in turning around underperforming dealerships has enabled Cambria to build a strong balance sheet. As a result, the Group is now in a position to consider acquisitions which are earnings enhancing from the outset, further strengthening Cambria's brand portfolio mix and progressing towards its stated ambition to create a Group with annual revenues of over £1 billion.