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Vertu Motors PLC Announces Acquisition of Vauxhall Outlet

Monday, 14 Jan 2013 02:00am EST 

Vertu Motors PLC announced that it has acquired the business and certain assets of the Vauxhall outlet in Keighley which has been operated by Walter C Brigg. As part of the transaction Vertu has acquired a 15 year lease on the dealership property. The total estimated consideration is GBP1.1 million, including GBP0.1 million of goodwill. The consideration will be settled in cash from the existing resources of the Group. 

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24 Dec 2014