9:26 am, June 6, 2017
MARSHALL Motor Holdings Plc has today announced its acquisition of the business and assets of Leeds Volvo from Harratts Group Limited.
The addition of Leeds Volvo was completed in full consultation and with the support of Volvo Car UK and further strengthens the Group’s position as the largest franchise partner of Volvo Car UK by number of sites. The Group now represents Volvo in nine locations in the UK: Bishop’s Stortford, Cambridge, Grantham, Leeds, Melton Mowbray, Milton Keynes, Nottingham, Peterborough and Welwyn Garden City.
Jon Wakefield, managing director of Volvo Car UK, said: ‘The transformation of the Volvo brand and product range has contributed to four years of consecutive sales growth in the UK, a trend that we fully expect to continue as we replace our top- selling XC60 model this year. Marshall is a key franchise partner to Volvo Car UK, operating in nine locations nationwide, including Cambridge, our 2016 Dealer of the Year. We are pleased to have supported Marshall’s acquisition of Leeds Volvo and look forward to supporting their plans to upgrade the site to meet our new Volvo Retail Experience standards and further develop our representation in the area.’
Daksh Gupta, chief executive of Marshall Motor Holdings Plc, said: ‘We are pleased to announce the addition of Leeds to our Volvo division, in line with our strategy of growth with existing brand partners in new geographic territories. We are excited to extend our relationship with Volvo and I am also delighted to welcome all employees of Leeds Volvo to Marshall.’
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