Cumbrian AM100 automobile retailer Lloyd Motor Group has expanded its footprint within the North East with the acquisition of Stratstone Tyneside BMW & Mini.
This dealership, now renamed Lloyd North Tyneside BMW & Mini, is positioned on the Silverlink Procuring Park close to Newcastle and provides 57 staff to the Lloyd crew.
The acquisition can even create 18 new positions, together with a head of enterprise function to guide operations in North Tyneside. Positions are additionally open throughout accounts, aftersales, gross sales, and operations.
Sam Lloyd, managing director of Lloyd Motor Group, stated: “We’re thrilled so as to add such an thrilling location to our portfolio and additional consolidate our place within the North East and the encompassing space.
“We hope to proceed their good work and may guarantee current clients that they are going to be properly taken care of by our crew. We need to thank Stratstone and need them the perfect in future initiatives”.
Lloyd Motor Group’s presence within the North East has doubled within the final yr with the acquisition of Stratstone Tyneside, its Lloyd Newcastle Bodyshop, positioned at Fenham Barracks in Newcastle and the launch of Lloyd Choose Newcastle, its newly opened flagship used automobile operation on Scotswood Highway, Newcastle on the previous Cazoo dealership premises.
BMW franchise director for Lloyd Motor Group, Gary Bingley, added: “We are able to’t wait to get into our new location and present clients, outdated and new, what Lloyd Motor Group is all about. Due to our current BMW, MINI, Bodyshop and Choose operations, we have already got a powerful relationship with the folks of the North East, and we very a lot see this as a chance to additional root ourselves into the world. We’ve got bold progress plans and are thrilled to be creating new jobs and offering alternatives within the area”.
Beginning with one BMW retailer in Cumbria in 1976, the family-owned firm has now grown to make use of over 1,350 folks throughout the north of England and south of Scotland.