11:43 am, November 19, 2021
Sandown Motors has acquired Mercedes-Benz of Emsom after it was put up for sale as part of restructuring at Mercedes-Benz Retail Group (MBRG).
MBRG recently announced a pre-tax loss of £20.9 with bosses pledging to ‘take action on structural costs’.
As part of that process, the retail arm of Mercedes has been looking to offload sites in a bid to save money.
The Epsom site has now been taken on by the Poole-based Sandown Group, which will take control of the premises in the new year.
The latest acquisition takes Sandown’s staff numbers beyond 500.
The dealer group, which has nine Mercedes-Benz dealerships across south of England, has also recently bought Mercedes-Benz of Newbury.
This year has also seen the firm open the Sandown Van Centre in Poole.
Gavin McAllister, the managing director of Sandown Motors, said: ‘This acquisition represents a significant growth opportunity for Sandown and enables us to leverage further the scale of our existing Mercedes-Benz group in the south of England.
‘As a private, Mercedes-Benz-focused retailer group, we are absolutely dedicated to providing professional representation for the Mercedes-Benz brand, benchmark customer service and an exciting career environment at Mercedes-Benz Epsom.
‘We are grateful to our partners at Mercedes-Benz Cars UK for providing us with this opportunity and look forward to welcoming the Mercedes-Benz Epsom team and its customers to the Sandown family.’
