Vertu Motors
From Infogalactic: the planetary knowledge core
Vertu Motors logo | |
Public | |
Traded as | {{lse|VTU}} |
Headquarters | Gateshead |
Key people
|
Robert Forester, CEO |
Website | VertuMotors.com |
Vertu Motors PLC is a UK based car dealership group established in 2006. It is listed on the Alternative Investment Market.
The company started trading by acquiring Bristol Street Motors[1] in 2007, a Birmingham based dealer that started in the early 1900s, for GB£31m cash, £9m of shares, and assumed debt of £29m.
The company sells a variety of car marques under the Vertu, Bristol Street Motors, Farnell[2] and Macklin Motors name, a company acquired by Vertu in Scotland in 2010.[3]
The company's largest acquisition since its establishment with Bristol Street Motors was GB£31m to purchase the Yorkshire-based Farnell Land Rover dealerships.[4]
References
External links
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