Vertu Motors buys Mercedes retailer Greenoaks
Vertu Motors has increased its presence in the premium auto retail market with the acquisition of Sigma Holdings, which through subsidiary Greenoaks operates Mercedes-Benz, AMG and Smart franchises. The deal, which was for a total cash consideration of £21.9m, sees Vertu acquire retail sites in Reading, Ascot and Slough. Commenting on the deal, Robert Forrester, […]
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