Vertu Motors acquires Darlington Skoda Dealership
Vertu Motors, the Gateshead-based motor retailer, has added the first SKODA dealership to its portfolio with the acquisition of MSB SKODA in Darlington.
Vertu Motors plc, the UK's 6th largest motor retailer and the parent company of Bristol Street Motors, has purchased the business locatedon McMullen Road for £1.5m.
The acquisition brings the total number of sales outlets operated by Vertu to 117 and increases its North East outlets to 18.
The current team will remain in post at Bristol Street Motors SKODA Darlington, headed up by experienced Bristol Street Motors General Manager Tia Saddique, ensuring customers continue to benefit from their knowledge and expertise.
Robert Forrester, CEO of Vertu Motors said: "It is great news that we have added SKODA to our Group. We are continuing to develop by adding to existing franchise relationships as well as exploring new manufacturer partners. This acquisition increases the Group to 117 sales and aftersales outlets and will enable us to generate further profitable growth for our shareholders and wider choice to our customers.
"Vertu Motors is proud to have its Central Support Centre in the North East and to grow its dealership base in the region. This is a vibrant region with a growing economy and one we are delighted to be a part of.
"It will be business as usual at Bristol Street Motors SKODA Darlington. Customers will be safe in the knowledge that there will be familiar faces, backed by the ethos of unrivalled customer service and satisfaction that Bristol Street Motors prides itself on."