Arnold Clark Aquires Four Dealerships From GK Group
16/12/2009
Arnold Clark has completed its purchase of four dealerships from GK Group, giving the Glasgow-based dealer a foothold in Cumbria.
The group said it will honor franchise arrangements at the four dealerships: with Ford at Carlisle, Ford and Citroen at Penrith and Workington and Ford, Citroen and Peugeot at Dumfries, with no jobs being lost.
Sir Arnold Clark, chairman and chief executive, said: "We are delighted to begin trading in these areas. This is a new and exciting opportunity for the Arnold Clark Group and we look forward to meeting and welcoming the local communities to our new branches."
Arnold Clark continues to pursue acquisition options and this most recent transaction takes the total to 145.
GK has retained its sites in the East Midlands and South Yorkshire.