David Kendrick and Paul Daly, partners in UHY’s automotive team in our Manchester office, have advised Perrys Motor Sales in their sale of Jaguar and Land Rover in Huddersfield and Land Rover Halifax to the Rybrook Group for an undisclosed sum.
Ken Savage, Perrys’ chairman, said of UHY’s involvement with the deal “Both Paul and David have been a great help throughout the deal process and have achieved an excellent result for Perrys. We would not have been able to achieve the level of goodwill without their help”
The businesses will trade as Rybrook Copley Land Rover, Rybrook Huddersfield Land Rover and Rybrook Jaguar Huddersfield with all staff being retained by the company. The new additions increase the acquisitive Warwick-based group’s dealerships to 19.
Henry Whale, managing director at Rybrook, commented: “The acquisition of Jaguar and Land Rover in Huddersfield and Halifax complements our existing Jaguar and Land Rover sites in the North West. We are delighted to be strengthening our relationship with Jaguar Land Rover Ltd and look forward to the exciting developments ahead. I’d like to extend a warm welcome to our new colleagues upon joining the Rybrook family, their expertise and experience is a valuable asset to our Group.”
Rybrook now represents Bentley, BMW, Jaguar, Lamborghini, Land Rover, McLaren, MINI, Porsche, Rolls-Royce and Volvo. It operates in the Midlands, Wales and the North West with Rybrook Specialist Cars in Solihull and is opening Bentley, Lamborghini, McLaren, Rolls-Royce Motor Cars, plus a first floor Rybrook Specialist Cars showroom in Bristol this Summer.
Paul Daly, one of the UHY automotive partners representing Perrys, said: “The disposal represents yet more change in the Jaguar Land Rover network as the brand continues to restructure its network. The businesses are very profitable, well run operations and form a great base for Rybrook to establish their first presence east of the Pennines into the Yorkshire area.”