Marshall Motor Group, a Cambridge-based family-owned dealer group, has agreed a deal to acquire four businesses of a Leicestershire-based privately owned firm, Francis Group.
With this acquisition, Marshall adds two more Honda businesses to its portfolio,and new Seat and Suzuki businesses.
Marshall chief executive Daksh Gupta said: “We have added 12 businesses to Marshall in the last 12 months and these four will add another £35m to our annual turnover. The deal meets all of our strategic acquisition criteria; the businesses have great people and the markets are scalable, offering tremendous potential for the future and this also continues our plan to broaden our horizons beyond our historic East Anglian boundaries.” Around 85 Francis Group employees will transfer to Marshall.
