Hertfordshire-based Brayleys Cars has bought Orpington Honda from Lookers for an undisclosed sum.
The acquisition makes Brayleys the largest private Honda franchisee in the UK with eight showrooms and 10 aftersales centres. Orpington joins dealerships in Enfield, St Albans, Hemel Hempstead, Ruislip, Thames Ditton, Ewell, Leatherhead and Romford plus a stand-alone aftersales facility in Grays, Essex.
Brayleys announced increased profit by an incredible 336 per cent in 2021 compared with Covid-hit 2020 earlier this month. The franchised dealer group, representing Kia, Mazda, Honda, Renault, Dacia Mitsubishi aftersales, made £4.8m of pre-tax profit in the year to December 31 versus £1.1m in 2020.
Brayleys managing director Paul Brayley said: ‘Despite continuing headwinds from the global semi-conductor shortage and the pandemic, Brayleys delivered an exceptional financial performance in 2021, which has given us the confidence to enter 2022 with an optimistic outlook.
‘The addition of Orpington Honda into the Brayleys family gives the group complete coverage of the M25 for Honda’.
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