Auto retailer Steven Eagell has added the Lexus brand to its business portfolio. The retailer, founded in 2002, has acquired the Hatfield Lexus franchise from fellow retailer Lookers for an undisclosed sum.
Originally a product of Toyota’s sponsored retailer programme, Steven Eagell has focused heavily on acquisitions this year, with the Lookers purchase joining three new Toyota businesses in Peterborough, King’s Lynn and Bishop’s Stortford. This is the company’s first Lexus outlet, and joins the 11 Toyota retailers it operates in the south west.
Lookers has said it will retain its Belfast-based Lexus retailer.