Vantage buys Citröen dealership from Lookers
VANTAGE Motor Group has acquired Citröen Blackpool from Manchester-based dealership group Lookers.
Founded in Harrogate in Yorkshire in 2003, Vantage more than 600 employees and 25 dealerships across Northern England and the West Midlands representing eight marques including Toyota, Kia, Citröen, Honda, Hyundai, ŠKODA, Mazda and Lexus.
Turnover to the end of 2015 was over £200m.
The site becomes Vantage’s second Citröen dealership in Lancashire joining Vantage Citröen Morecambe.
The deal is the latest in a year of growth for Vantage which has seen it acquire Toyota Leeds, Lexus Leeds and Toyota Wakefield at the beginning of 2016, as well as investing in a purpose-built Mazda centre in Oldham in March and a new Kia centre in Bradford in August.
Mark Robinson, managing director of Vantage, said: “Blackpool has always been on our radar as a strategic location in which to expand and we’re delighted to have the opportunity to further cement our relationship with Citröen and grow the Vantage portfolio in another Lancashire town.
“On a personal level, Blackpool is where I grew up and for years I’ve been looking for the chance to bring the brand I’ve developed home. I take immense pride in opening our newest centre in the town and I look forward to warmly welcoming Blackpool’s customers through our doors.”
Law firm Walker Morris advised on the deal and its value was undisclosed.
