Hendy buys Seward Group as it increases portfolio

Time 9:15 am, January 4, 2019

SOUTH coast automotive retailer Hendy rounded off 2018 by taking over the Hampshire-based Seward Group.

Chief executive Paul Hendy, pictured, said the purchase of the group, which has dealerships in Portsmouth and Havant, was a strategic move for the company and consolidated Hendy’s strong position in the area.

‘The Portsmouth region is hugely important for Hendy, where we already operate a number of dealerships and our existing Car and Van Store.

‘This acquisition expands our franchise operations in the area and brings on board a strong new, used and aftersales business,’ he said.

‘We are delighted to add these new locations to the Hendy Group portfolio. We already operate franchises for Renault, Dacia and Suzuki, and this acquisition strengthens our relationships with these companies.’

The company would not disclose how much the acquisition cost or if staff numbers at the Seward branches would be affected.

Last year also saw Hendy open three dealerships in Eastleigh. With the addition of the Seward Group, it now has 57 franchise outlets across 30 locations and employs more than 1,100 people in Hampshire, Sussex, Surrey, Kent and Devon.

MORE: Hendy Group to open new Car and Van Store in Portsmouth

MORE: Hendy Group is named Employer of the Year

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