Sytner sells 4 VW sites to Johnsons

  15 November 2019

Sytner has sold four of its 12 Volkswagen sites to Midlands-based Johnsons Cars for an undisclosed sum.

The move takes Johnsons to nine Volkswagen franchises and a total franchise count of 42 from a wide mix of brands. Johnsons has been growing over recent years mainly through new openings although it has had other acquisitions including T H White in Swindon last year.Johnsons Cars

The sites bought by Johnsons are in Liverpool, Stoke, Stafford and Warrington.

Privately owned Johnsons, which was founded in 1999, had a turnover of £432 million in 2018, up 20% on the previous year.

Talking exclusively to Auto Retail Agenda, Sytner finance director, Adam Collinson said: “This will leave us with four Volkswagen in Yorkshire, one in Llandudno and two in Belfast.”

Mr Collinson added that Sytner’s Halifax Volkswagen site, not part of the remaining four in Yorkshire, was due to close at the end of the month.

The acquisition by Johnsons follows other changes in the VW network including Group 1’s purchase of four VW sites from Inchcape earlier this year.

 

Calltracks

Start your free 14 day trial

Get free access to our Bulletin, Agenda & Profit for 14 days.

After 14 days we will auto bill your credit or debit card unless the order is cancelled.


    As an auto retail executive you need insightful and unique industry intelligence to boost your business potential. Here’s a taste of what Auto Retail Network has to offer:

    • Get informed and boost your business potential
    • More than 1,200 fellow executives have joined us
      since launch
    • Independent, carefully crafted, unique content relevant to you and your business
    • Develop a greater awareness of market trends and opportunities
    • Access to a wide range of materials whenever, wherever and however you want it
    • Significant discounts on ARN events, reports and
      other publications