Stoneacre Motor Group acquired the RMB Motor Group on June 1st.
The franchise dealer group will take over the Toyota and Lexus showrooms in Stockton on Tees and the Renault and Dacia dealerships in Northallerton and Darlington. There is also a used car and body repair centre in Yarm.
All RMB staff, except directors, have kept their jobs.
Stoneacre managing director Shaun Foweather said: ‘The latest acquisition of RMB Motor Group demonstrates the close working relationship we have with our franchise partners and confirms commitment by Stoneacre to grow and scale representation in mutually agreeable locations.
‘We have now met the new team and I would like to welcome them to the Stoneacre family.
‘We have started training immediately and are planning for further investment into the business, infrastructure and the people to fully maximise the opportunity.
‘I would like to thank the senior team at Toyota/Lexus and Renault/Dacia for their continued support.’
Stoneacre’s board also thanked RMB’s directors for helping with the transition and said it wished them well with their existing and new ventures.
For a list of Stoneacre’s branches and brands follow: https://www.stoneacre.co.uk/