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Member Type: Automotive Company
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Networks: North America, South America, Europe, Asia, Africa, Australia, and Antarctica
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Profile Views: 5,153 views
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Connections: 270 Connections
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Last Update: May 2
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Joined: February 3, 2011
Bristol Street Motors Fiat Professional Van Sales Swindon
I am pleased to announce that as of the 18th March I have accepted and been appointed as the New Fleet Sales Manager for Hyundai and Citroen at Richmond Motor Group where I will be working along side a great team to launch and build one of the UK's bigges... moreI am pleased to announce that as of the 18th March I have accepted and been appointed as the New Fleet Sales Manager for Hyundai and Citroen at Richmond Motor Group where I will be working along side a great team to launch and build one of the UK's biggest Hyundai & Citroen's fleet sales department in the UK
Company Name
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Company Name
Bristol Street Motors Fiat Professional Van Sales Swindon
Company Address
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Address
Bristol Street Motors / Fiat Professional
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Address 2
Stratton Road
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Address 1
Marshgate Trading Estate
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Town / City
Swindon [map]
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County / State
Wiltshire [map]
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Postcode / Zip Code
SN1 2PA [map]
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Country
United Kingdom
Company Details
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Company Details
The story so far…
In December 2006 the Group was admitted to Aim following an oversubscribed equity raise of £25m (£23.6 million after expenses).
On 27th February 2007 the Group announced that it had exchanged contracts to purchase the entire share capital of Bristol Street Group Limited for estimated consideration of £31 million cash and £9m of shares to be placed with the vendor. In addition, debt estimated at £29m was to be assumed.
On 27th March 2007 the Group completed the acquisition of Bristol Street and concluded a further equity placing of £26m (£22.6m after finance and acquisition expenses).
On 2nd May 2007 the Group completed the acquisition of Blake Holdings Limited for estimated consideration of £4.9 million. The Blakes operations include a Vauxhall dealership in Chesterfield, a Vauxhall service centre in Matlock and Peugeot dealerships located in Chesterfield and Worksop.
On 29th June 2007 the Group acquired four Honda car dealerships and one Honda Motorcycle dealership in the East Midlands, through the purchase of the entire share capital of Grantham Motors Company Limited for a cash consideration of £4.6m. The dealerships required are located in Grantham, Lincoln, Boston, Retford.
On 29th June 2007 the Group acquired the trade and assets a Ford dealership in Morpeth, Northumberland from the Jennings Group for cash consideration of £2.6m.
In March 2008 and 2009 respectively the group opened new greenfield site used car outlets in Doncaster and Darlington under the Bristol Street Motor Nation brand.
In June 2009 the group completed a £30M placing, net of expenses, in order to fund a further dealership acquisition programme.
In June 2009 the group purchased three dealership locations from the receivers of Brooklyn Motors plc at Redditch, Cheltenham and Worcester. This brought the Mazda franchise into the group for the first time.
July 2009 saw the acquisition of our Ilford Vauxhall and Chevrolet dealership.
On 2nd November 2009 we added our Vauxhall Lichfield dealership to our portfolio, strengthening the Bristol Street Motors brand in its heartland of the West Midlands.
In December 2009 we acquired a dual franchised dealership in Darlington. Adding our third Renault site and bringing the SEAT franchise to the Group for the first time.
January 2010 is a huge step for the group where we open our first Scottish location in Dunfermline by acquiring Dunfermline Autocentre Ford car de
