Steven Eagell has added Lexus to its portfolio, following the acquisition of Lexus Hatfield from Lookers for an undisclosed sum.
Lexus Hatfield is the fourth dealership to be acquired by Steven Eagell group this year, following the acquisitions of Toyota dealerships in Peterborough, King’s Lynn and Bishop’s Stortford in the spring. The deal adds a further outlet the 11 Toyota dealerships operated by the group in the south of England.
Managing Director, Steven Eagell, commented: “We are delighted to add the Lexus brand to our group. Lexus Hatfield is a long standing, well established and very successful business with a great team in place.“Geographically, it is a perfect fit within the group’s territories and will complement our existing business. We are looking forward to welcoming the team into our group and working with them to continue the dealership’s growth and success.
“I have no doubt we will quickly integrate Lexus Hatfield into our group and I look forward to its contribution over the coming years.”
The vendor, Lookers, also owns another Lexus dealership in its multi brand site in Belfast, however they have confirmed that that dealership will remain within the Lookers portfolio.
Leave A Comment