2:12 pm, March 26, 2014
THE billion-pound family-owned dealer group Marshall is celebrating scooping another top honour.
The Cambridge-based group was presented with the prestigious Barclays Award at the annual Cambridge Business Excellence Awards, amid fierce competition.
The award recognises successful, established businesses across all industry sectors that have transformed themselves.
Chief executive Daksh Gupta, pictured, who received the award on behalf of Marshall at King’s College in Cambridge, said: “This is an amazing award for a retail motor dealer group to have won. Cambridge is the leading centre of global hi-tech businesses, many of them household names or providers of the technology which powers our everyday lives.
“To be recognised in this way by the Cambridge business community is huge news for Marshall and a great credit to the whole team who have pulled together to drive our business forward over the last five years.
“I was particularly proud to receive this award in front of our principal shareholders, Sir Michael Marshall and Robert Marshall, who are both significant figures in and around Cambridge.
“Despite the business having been started in Cambridge and having 2,500 employees across the whole group of companies, this is the first time the company has won one of the major business awards in the City – a sure sign of the extraordinary thriving business community which makes Cambridge the most powerful economic contributor to the UK economy outside central London.”
Commended
The judges particularly commended Marshall for more than trebling the size of the group during the economic downturn, becoming a national group and funding all of the growth internally without drawing down any additional capital from the shareholders.
Marshall Motor Group was founded in Cambridge 105 years ago and is a major part of the Marshall of Cambridge Group of Companies, with 67 franchised dealerships representing 22 manufacturer brands. In all, there are 2,100 people within the motor group, which now has an annual turnover of more than £1bn.
As reported previously, Marshall has recently been recognised with no fewer than 17 separate awards across nine different brands.
