Marshall boosts Nissan portfolio with fresh acquisition
Hot-on-the-heels of the acquisition of Jaguar Land Rover in Cheltenham & Gloucester at the end of May, Marshall Motor Holdings plc in Cambridge has now snapped up Nissan Leicester.
The acquisition further strengthens Marshall’s Nissan portfolio, joining its existing Grantham and Lincoln dealerships. The deal includes the purchase of a three-acre freehold site on Abbey Road in Leicester.
Marshall is constantly scanning other potential UK acquisitional opportunities but will only move if the dealerships are deemed a good fit.
Daksh Gupta, chief executive of Marshall Motor Holdings plc, said: “This acquisition is another step in our strategy to grow scale with existing brand partners in new geographic territories.
“We are delighted to represent Nissan in Leicester, a territory that we know very well. We are already a major employer in the area and I am delighted to welcome our new colleagues to the Marshall family.”
Spencer Clayton-Jones, director of Network Development and Customer Quality at Nissan, added: “We are delighted that Marshall Motor Group, a key business partner of ours, has successfully completed its acquisition of Nissan Leicester.
“Leicester is an important point of representation for the brand and this acquisition builds on Marshall's existing Nissan portfolio of Lincoln and Grantham. We are looking forward to working with the team to develop the Leicester operation further.”
Marshall Motor Holdings Plc is the seventh largest motor retail group in the UK, with 116 franchises representing 22 manufacturer partners across 29 counties in England.