Swansway Group, has acquired North West based Thompson Motor Company.The acquired business operates three Audi centres in Blackburn, Preston and Carlisle, along with three Volkswagen Group Trade Parts Specialist operations in the same areas.
As a result of the transaction Swansway will have over 1,100 employees and a turnover in excess of £700 million.
Swansway Group Chairman, Michael Smyth commented: “We have long admired Thompson Group, there’s a great synergy between our two businesses; both Northern based, both family owned and run and both believing that engaged and motivated staff produce happy and satisfied customers”.
Michael added: “Swansway already operates Audi centres in Crewe, Stafford and Stoke, along with TPS operations in South Manchester and Trafford, this acquisition brings that to six Audi centres and four TPS operations, really significant growth for the group,”
Stuart Thompson, founder and Managing Director of Thompson Motor Company, commented, “I started the business in 1999, it’s been very much my baby, so, when I felt the time was coming for me to retire I knew that the Swansway ethos of caring, honest and proud would fit perfectly with the way Thompson Motor Group has always done business”.
“Although I’ll miss all my staff, I know that together Thompson and Swansway have a very bright future and I wish them every success”,
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