Lifestyle Motor Group, which operates retail dealerships throughout the South East has been bought by Hendy Automotive Limited.
Lifestyle, which has Ford, Mazda, Kia, Renault, Dacia, SEAT, Suzuki and Isuzu dealerships are now part of the newly formed company Hendy Automotive Limited.
The deal places the new company in the top 20 of automotive retailers in the UK with 12 motor franchises at 25 locations in Surrey, Sussex, Kent, Hampshire, and Devon with annual turnover set to reach £600 million.
The group now employs around 1,000 staff and is set to sell in excess of 40,000 cars, vans and trucks each year from its dealerships and two used car stores.
Marc Matthew, Lifestyle Chairman said Hendy Automotive provides an exciting future for our south east-based group which was formed in 2001.
Marc said;
We have built up a strong, profitable and successful business in Kent, Sussex and Surrey and believe this growth will continue with Hendy’s. Having won more than 50 industry awards we have been proud of the entire team and the relationships we have had with our franchise partnerships.
Hendy Automotive Managing Director Paul Hendy said he was delighted to add the successful Lifestyle Motor Group to its existing business and said this gives the company a great platform for growth.
Paul said;
We are delighted to have bought Lifestyle which has a similar philosophy to Hendy with a strong commitment to customer care and service, this acquisition extends our territory into the south east and adds a number of new franchises to our existing portfolio of Ford, MG, Iveco, Honda, Mazda and Kia.
All new dealerships will continue to operate under the Lifestyle name for the immediate future as the business is integrated into Hendy Automotive.
Paul continued;
It’s very much business as usual at the moment . We’re really excited to be adding the new dealerships to our existing business and look forward to the future.
For further information please contact Alyson Marlow at Lee Peck Media on 023 8038 1932 alyson@leepeckmedia.com