THE start of 2019 has seen south east-based independent dealer group Endeavour Automotive grow by 25 per cent, having expanded its business into Berkshire with the acquisition of three Volvo dealerships from HSF Group.
Established seven years ago by John Caney, who leads the business with managing director Adrian Wallington, Endeavour Automotive now operates from 16 locations.
The company represents Volvo, Hyundai, Lotus and the London EV Company (LEVC), which produces zero-emission taxis. As well as Berkshire, it has operations in London, Buckinghamshire, Hertfordshire and Essex.
Its latest purchase, for an undisclosed sum, has boosted Endeavour Automotive’s Volvo portfolio by 50 per cent to nine sites, making it one of the largest independent Volvo retailers in the UK. The outlets it has purchased from HSF Group are in High Wycombe, Maidenhead and Slough.
Complementing Endeavour Automotive’s dealership acquisitions is the launch of a new, 14,000 sq ft trade parts distribution centre in London, adjacent to its Hyundai franchise in New Southgate.
The refurbished warehouse and office space enables the company to consolidate its parts business for Volvo and Hyundai at a single, strategic location, which will streamline operations, reduce logistical costs and benefit more than 600 customers across the capital and as far north as Bedfordshire.
Led by group parts manager Earl Kelchure, the centre will offer three daily deliveries and revenue is expected to top £2 million in 2019.
Commenting on the company’s developments, John Caney, chief executive officer of Endeavour Automotive, said: ‘Since we started trading in 2012, the retail automotive sector has experienced something of a roller-coaster period but we continue to respond positively to market conditions and forecast delivering revenue in excess of £200 million this financial year.
‘The expansion of our Volvo portfolio and opening of a new parts distribution centre brings an additional 60 colleagues to Endeavour’s team who we look forward to working with as we continue to strengthen and grow the business.’
John Caney, left, CEO of Endeavour Automotive, is pictured at Volvo Slough with Adrian Wallington, managing director.