Hendy expands into Stellantis; Peter Vardy grows MG
04 September 2023
Hendy Group is to open its first Vauxhall retailer following the asset purchase of the former Eden Vauxhall site in Poole. It has also agreed to sell Vauxhalls in Salisbury and is opening a Peugeot and Vauxhall retailer in Kent.
Hendy already represents Maserati but the new sites are its first large-volume Stellantis retailers and part of a strategic plan for a broader relationship with Stellantis.
“Dorset and Wiltshire are traditionally strong areas for the group, and we are looking forward to being part of Stellantis and welcoming the Eden Group colleagues to team Hendy,” said chief executive Paul Hendy.
The move “reinforces our long-term commitment to the south, investment in our future and providing a high-quality service for motorists across the south coast.”
The latest deal means Hendy operates across 57 locations, with 1,700 colleagues and turnover of over £1bn.
Meanwhile, Peter Vardy has acquired the MG Aberdeen and Peterhead franchises from Gillanders. “We can’t wait to welcome both existing customers and those new to the MG brand to our Lang Stract dealership,” said CEO Peter Vardy.
Peter Vardy also opened two brand new MG sites in Edinburgh and Kirkcaldy in August.