Marshall Motor Holdings - Strategic Acquisition of Ridgeway
26 May 2016
Marshall Leasing are delighted to announce that our group Marshall Motor Holdings has completed the purchase of Ridgeway Garages (Newbury) Limited (“Ridgeway”), which is by far the largest acquisition the group has made to date. The group welcome 1,333 new colleagues. Ridgeway is a successful multi-franchise dealer group with 2015 operating across the southern home-counties, Wiltshire and Dorset representing 12 brands via 30 franchise dealerships.
In addition, Ridgeway operates five own branded used car outlets, two trade parts specialists and two standalone body shops alongside a large group pre-delivery inspection centre. This further builds on our acquisition last year of SG Smith. The enlarged group will make us the 7th largest UK motor dealer group.
From a Marshall Leasing Limited perspective, having a strong parent company further strengthens our position as a leading Contract Hire and Leasing provider. As we are competing head to head with bank and manufacturer owned Contract Hire and leasing companies being the leasing operation within one of the UK’s top motor groups is very important strategically for us.
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