8 Jul 2014 07:01
8 July 2014
Lookers plc
Sale of Jaguar and Land Rover business
Lookers plc, one of the leading UK motor retail and aftersales service groups, has completed a transaction with Cambria Automobiles plc ("Cambria") for the sale of a Jaguar and Land Rover business in Barnet, North London. Cambria already operate Jaguar dealerships North of London, and this transaction aligns representation of the Jaguar and Land Rover brands with the market area strategies of the manufacturer. The sale proceeds of the transaction were approximately £10.5m, received in cash.
For further information:
Lookers plc | Telephone: 0161 291 0043 |
Andy Bruce, Chief Executive | |
Robin Gregson, Finance Director | |
Tavistock Communications | Telephone: 020 7920 3150 |
Keeley Clarke |