MARSHALL Leasing is celebrating after parent Marshall Motor Holdings buys Ridgeway group to become the UK’s seventh largest motor group.
The purchase of Ridgeway Garages (Newbury) Limited (Ridgeway) is by far the largest acquisition the group has made to date – a successful multi-franchise dealer group operating across the southern home-counties, Wiltshire and Dorset representing 12 brands through 30 franchise dealerships with 1,333 employees.
In addition, Ridgeway operates five own-branded used car outlets, two trade parts specialists and two standalone body shops alongside a large group pre-delivery inspection centre.
The acquisition follows Marshall Group’s acquisition last year of SG Smith.
Marshall Leasing specialises in vehicle management and finance solutions. The company delivers tailor-made packages centred around cornerstone products such as contract hire, fleet management and health & safety services.
From a Marshall Leasing Limited perspective, the company says: “Having a strong parent company further strengthens our position as a leading contract hire and leasing provider.
“As we are competing head to head with bank and manufacturer owned contract hire and leasing companies being the leasing operation within one of the UK’s top motor groups is very important strategically for us.”