Stoneacre Motor Group has purchased the remaining Gilder Group dealerships in Sheffield, Rotherham and Chesterfield for an undisclosed sum.

In 2013 Gilder Group sold nine of its dealerships to JCT600.

Shaun Foweather, Stonacre’s Managing Director had announced plans for further expansion earlier this year. ┬áThe group currently has 68 franchises in 40 locations.

According to Companies House, former Gilder Group managing director, Simon Hardwick has resigned. Former finance director, Peter Williams and other senior executives have also left.