In March 2015 Motorline acquired a Maserati dealership in Cardiff. The business was acquired from the Arrow Automotive Group and will be the second Maserati dealership in the Motorline Group.
The Motorline Group was founded in 1972 and continues as a family owned business throughout Kent, West Sussex, Surrey, Bristol and South Wales.
Motorline represents Volkswagen, Toyota, Lexus, Hyundai, Maserati, Renault, Dacia, Skoda, Nissan and Peugeot as main car dealers with both new, used and aftersales activities located in Ashford, Canterbury, Crawley, Dartford, Horsham, Maidstone, Tunbridge Wells, Coulsdon, Bristol, Newport and Cardiff.
Commenting on the deal, Glen Obee, Chairman of the Motorline Group, said:
“During the past 5 years or so we have made a number of acquisitions within the motor sector and we continue to be impressed with the team at Thomson Snell & Passmore who have once more demonstrated their ability to cover all aspects of this acquisition in an effective and timely manner enabling us to complete the deal on time and with confidence.”
Joanne Gallagher, Partner in the Corporate department led the project team at Thomson Snell & Passmore and was assisted by Krishen Patel (Corporate) and Joanne Wright (Property). Speaking of the deal, Joanne Gallagher said:
“We are absolutely delighted to have acted for the Motorline Group on their recent Maserati dealership acquisition. This is a good acquisition as the dealer group has in recent years expanded into Bristol and Cardiff area, so it fits well with their existing infrastructure. The transaction highlights our growing expertise in the automotive sector.”