We have recently advised Wingrove on the acquisition of a Peugeot franchise, to add to their existing Citroen and DS franchises.
Wingrove Motor Company has been operating in the motor trade for over 90 years and is one of the oldest family owned motor franchises in the UK. They have acquired the Peugeot dealership on Benton Road, Newcastle and have existing Citroen / DS dealerships on the West Road in Newcastle and on the Silverlink in North Tyneside.
Peter Dalkin Chairman of Wingrove Motor Company said “the addition of the Peugeot cars to the Wingrove Group is an exciting and proud moment for me and my family. We’ll continue to offer the same great value, customer service and family values going forward and beyond for years to come.”
Jonathan Waters, Managing Partner at Hay & Kilner led the team advising on the acquisition alongside Sarah Hall, Head of Commercial and Nicola Tiffen a Partner in the Commercial Property team.
Jonathan added ’We are delighted to have helped the team at Wingrove achieve their expansion ambitions, and we wish them every success in this new chapter of their impressive history’.
For more information on the above or, if you’d like to find out how we can help your business, please contact Jonathan Waters.