Bristol SEAT & Skoda Sold To Blade Motor Group
02/02/2010
ASE is pleased to announce the sale of Bristol SEAT & Skoda to Blade Motor Group for an undisclosed sum. The business which represents both SEAT and Skoda in Bristol once again strengthens Blade's portfolio within the VW Group of brands.
Mike Flanagan, Managing Director of Blade Motor Group said: -
"I am really pleased with the acquisition of Bristol SEAT and Skoda. We have a strong relationship with Volkswagen UK and this will be our first experience of the Skoda brand also. We look forwarding to welcoming our new colleagues at the site into our business."
David Kendrick, Transaction Manager at ASE said:-
"It certainly looks like the transactional activity in the sector is picking up, with a number of interesting conversations being had currently. The sale of Bristol SEAT and Skoda see's yet another single site operation being acquired by a larger group. It was also pleasing that a number of interested parties bid on this business."
For more information regarding this press release, please contact:
David Kendrick, ASE, Tel: 0161 493 1930