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Supacat



Member Since: 16 Oct 2012
Location: West Yorkshire
Posts: 11018
United Kingdom 2013 Defender 110 Puma 2.2 XS DCPU Keswick Green
Bury Land Rover in Lancashire
"Rapidly expanding automotive retailer Vertu Motors has acquired the business and assets of Bury Land Rover in Lancashire and has also exchanged contracts to acquire the business and assets of Bradford Jaguar in West Yorkshire.

For the year ended 31 December 2014, the management accounts of Bury Land Rover showed revenue of £41m and EBITDA of £1.5m.

The acquisition complements the Group’s existing Land Rover dealerships in Nelson, Lancashire and across West Yorkshire and further extends the Farnell brand. The Group already operates the Jaguar franchise in the same territory with a Farnell branded dealership in Bolton."

https://bdaily.co.uk/industrials/01-05-201...ion-deals/
Post #420602 2nd May 2015 9:59am
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GUM97



Member Since: 05 Feb 2012
Location: Cheshire
Posts: 3555
United Kingdom 1997 Defender 90 300 Tdi HT Stornoway Grey
Stratstone who owned the Bury franchise, were in fact forced to sell by JLR...Hopefully Farnell's will do a better job Laughing An engine to TDi for!
"Land Rover- Proudly turning drivers into mechanics since 1948"
Post #420612 2nd May 2015 10:32am
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Supacat



Member Since: 16 Oct 2012
Location: West Yorkshire
Posts: 11018
United Kingdom 2013 Defender 110 Puma 2.2 XS DCPU Keswick Green
Any info on why?
Post #420647 2nd May 2015 1:56pm
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TheJollyBodger



Member Since: 27 May 2015
Location: Ramsbottom
Posts: 74
United Kingdom 2015 Defender 90 Puma 2.2 XS CSW Santorini Black
An old thread I know, but just received my 9 month old Defender back from Farnells in Bury covered in scratches. If you do go there DONT let them wash your car.
Post #499367 1st Feb 2016 10:04pm
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Mdm



Member Since: 11 Sep 2013
Location: Sunny Lancashire
Posts: 1628
United Kingdom 
never been a good dealership

poor customer service

pricy

unhelpful sales team etc etc

couldnt even spell customer service let alone try and succeed at it...
Post #499388 1st Feb 2016 10:49pm
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Cuthbert



Member Since: 26 Oct 2013
Location: Up North
Posts: 1535
Re: Bury Land Rover in Lancashire
Supacat wrote:
"For the year ended 31 December 2014, the management accounts of Bury Land Rover showed revenue of £41m and EBITDA of £1.5m./[/url]


Whenever I see the dreaded 'EBITDA' I think - "there's a business I wouldn't want to be a key investment in my pension plan".
Post #501771 7th Feb 2016 5:22pm
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Supacat



Member Since: 16 Oct 2012
Location: West Yorkshire
Posts: 11018
United Kingdom 2013 Defender 110 Puma 2.2 XS DCPU Keswick Green
Well that's a rate of return well below that of JLR.
Post #501804 7th Feb 2016 7:03pm
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