Press release -
Marshall Motor Holdings - Strategic acquisition of Ridgeway
Marshall Leasing are delighted to announce that our group Marshall Motor Holdings has completed the purchase of Ridgeway Garages (Newbury) Limited (“Ridgeway”), which is by far the largest acquisition the group has made to date. The group welcome 1,333 new colleagues. Ridgeway is a successful multi-franchise dealer group with 2015 operating across the southern home-counties, Wiltshire and Dorset representing 12 brands via 30 franchise dealerships.
In addition, Ridgeway operates five own branded used car outlets, two trade parts specialists and two standalone body shops alongside a large group pre-delivery inspection centre. This further builds on our acquisition last year of SG Smith. The enlarged group will make us the 7th largest UK motor dealer group.
From a Marshall Leasing Limited perspective, having a strong parent company further strengthens our position as a leading Contract Hire andLeasing provider. As we are competing head to head with bank and manufacturer owned Contract Hire and leasing companies being the leasing operation within one of the UK’s top motor groups is very important strategically for us.
Topics
- Contracts, Assignments
Categories
- Marshall Leasing
- acfo
- bvrla
- fleet managers
- jonathan ross
- peter cakebread
- richard baird
- mmh
Marshall Leasing specialises in vehicle management and finance solutions. The company delivers tailor-made packages centred around cornerstone products such as contract hire, fleet management and health & safety services. Marshall Leasing is proud to be part of the family owned Marshall Group of companies, which has over 100 years of experience in the motor and aviation industries. Find out more at www.marshall-leasing.co.uk
