ENDEAVOUR Automotive has acquired three Volvo dealerships from HSF Group for an undisclosed sum.
The three Volvo dealerships are located in High Wycombe, Maidenhead and Slough. It boosts Endeavour’s Volvo representation to nine sites.
Endeavour Automotive now operates from 16 locations across London, Buckinghamshire, Hertfordshire and Essex.
It represents Volvo, Hyundai, Lotus and the electric taxi manufacturer London EV Company (LEVC).
The company has also launched a brand-new, 14,000 square foot trade parts distribution centre in London. The site is adjacent to its Hyundai franchise in New Southgate.
The refurbished warehouse and office space will allow consolidation its parts business for Volvo and Hyundai at a single, strategic location. Led by Group Parts Manager, Earl Kelchure, the centre will offer three daily deliveries and revenue is expected to top £2 million in 2019.
Commenting on the company’s developments, John Caney, Chief Executive Officer, Endeavour Automotive, said:
“Since we started trading in 2012, the retail automotive sector has experienced something of a roller-coaster period but we continue to respond positively to market conditions and forecast delivering revenue in excess of £200 million this financial year. The expansion of our Volvo portfolio and opening of a new parts distribution centre brings an additional sixty colleagues to Endeavour’s team who we look forward to working with as we continue to strengthen and grow the business.”