Hertfordshire-based Brayleys Autos has bought Orpington Honda from Lookers for an undisclosed sum.
The acquisition offers the team coverage for the Japanese company about the M25 and positions it as Honda’s premier personal franchisee in the United kingdom with 8 showrooms and 10 aftersales shops.
The Orpington outlet joins Brayley Honda’s community of dealerships in Enfield, St Albans, Hemel Hempstead, Ruislip, Thames Ditton, Ewell, Leatherhead and Romford moreover a stand-by itself aftersales facility in Grays, Essex.
In addition to Honda, Brayleys represents Kia, Mazda, Renault and Dacia at 15 revenue details throughout the Household Counties, Bigger London and Thames Valley.
Brayleys Vehicles is ranked 90 in the Motor Trader Major 200 Dealer Teams with once-a-year turnover of £134.1m.
MD Paul Brayley (pictured) founded Brayley Honda in 2003 and continues to operate the small business. He marketed a greater part shareholding in the business in 2018 to the Dubai-primarily based conglomerate, AW Rostamani Group.
Brayley, claimed: “Despite continuing headwinds from the international semi-conductor shortage and the pandemic, Brayleys shipped an extraordinary economic overall performance in 2021, which has presented us the assurance to enter 2022 with an optimistic outlook.
“The addition of Orpington Honda into the Brayleys family provides the group complete coverage of the M25 for Honda with whom we have been very pleased to companion for pretty much 20 several years.
“All of our franchise models are effectively positioned with the roll-out of EV products, so we foresee a different hectic 12 months in our showrooms and also on-line sales, which we fully built-in last yr.”
Khalid Al Rostamani, chairman and CEO of AW Rostamani Team claimed: “The even further enlargement of Brayleys is testament to the fantastic stewardship of the group by Paul Brayley and his focused workforce, in the course of exceedingly difficult ailments in the British isles vehicle industry.”