mergers and acquisitions

Steer announces Rainbow acquisition

Steer Automotive Group has announced the acquisition of the Rainbow Group as part of its strategy of expansion. Rainbow Bodyshop Group was established by Andrew Walters and Richard Thorogood and […]

DCR completes Portable Centres acquisition

DCR has acquired Portable Centres, the manufacturing division of Xpress Vehicle Solutions which has entered administration. The move increases the capabilities of DCR, enabling the manufacturing of Wheel Centres and […]

Mitsubishi UK opens new offices

Mitsubishi Motors has opened its new offices in Cirencester. The site was officially opened by Andrew Edmiston, managing director, International Motors (IM) Group, which acquired Mitsubishi Motors in October 2021. […]

FMG announces GRG acquisition

FMG has announced it has acquired GRG Public Resource, which provides 24/7 call handling for vehicle removal for the blue-light industry. FMG is a wholly-owned subsidiary of Redde Northgate and […]

Cazoo acquisition continues expansion strategy

Cazoo has announced that it has agreed to acquire Vans365 as part of a wider strategy to expand its online retail proposition to include commercial vehicles. Based in Bristol, Vans365 […]

Colt Car Company under new ownership

International Motors, a part of IM Group, has completed the purchase of The Colt Car Company’s aftersales business. The new subsidiary of International Motors, I.M. MAPS (UK) Ltd, will continue […]

Volkswagen Group leads Europcar takeover bid

A consortium led by Volkswagen Group has filed a takeover offer for Europcar Mobility Group. The consortium of Volkswagen Group, Attestor and Pon Holdings, acting as Green Mobility Holding, filed […]

IM announces Colt acquisition

Midlands-based automotive, property and finance business International Motors has agreed to purchase The Colt Car Company’s aftersales business. The new subsidiary of International Motors will be called IM MAPS (UK) […]