2:15 pm, May 8, 2012
DEALER group Ridgeway has acquired BMW and Mini dealerships in Bournemouth, Salisbury and Odiham from Wood Group Limited.
The Group has acquired them for an undisclosed sum and has stated that all former employees from Wood Group will transfer to Ridgeway – increasing the company’s workforce to more than 1,000 employees.
‘The acquisition of the BMW and Mini sites are a perfect strategic fit for us in terms of their locations, and very much compliments the product and brands we already represent’ said David Newman, Ridgeway group chairman.
John O’Hanlon, chief executive, added: ‘In terms of excellence and experience, we have inherited superb teams at our new sites. We welcome them all to the Ridgeway family and look forward to them providing customers with the outstanding levels of service that our Group is renowned for. We believe that the Ridgeway Group have a lot to offer Wood BMW and Mini and their staff in terms of investment and support.’
