Quick-growing Waylands Automotive is poised to climb greater within the AM100 rankings after buying its sixth Volvo dealership.
The enterprise has purchased Volvo Gloucester from Johnson Automobiles for an undisclosed sum, additional cementing its partnership with the Swedish model.
This marks the second acquisition from Johnsons Automobiles following Waylands’ buy of Volvo Automobiles Swindon in 2018.
Since buying its first Volvo dealership in Studying in November 2017 and Fawcetts Volvo in Could 2018, Waylands has steadily expanded its Volvo illustration throughout the south of England and climbed its approach into the AM100.
John O’Hanlon, Waylands CEO, mentioned: “We’ve a longstanding relationship with Volvo and are very proud to signify the luxurious car producer at various present Waylands websites throughout the south.
“As a website, Gloucester is a superb match for us, and is properly positioned to serve prospects from throughout the south west.”
The brand new acquired dealership, which is able to stay at its Cole Avenue website, will likely be rebranded as Waylands Volvo Gloucester and can retain all its colleagues beneath Waylands possession.
O’Hanlon added: “Honesty and integrity, focus and care sit on the coronary heart of our values and we sit up for welcoming new prospects and colleagues to Waylands.”
The group now represents Volvo, Polestar, Kia and MG at 12 franchise factors throughout the south of England.
Earlier this yr on the AM Awards, Waylands scooped the Greatest Supplier Group of the 12 months (as much as 10 websites) award for an unbelievable sixth consecutive time in addition to the trophy for Greatest On-line Client Expertise (Franchised) and Retailer of the 12 months.
O’Hanlon has been open concerning the enterprise’s ambitions to achieve £250 million in turnover with the assistance of present and new OEM companions comparable to Polestar with whom it opened a brand new retailer in Bristol final yr.
O’Hanlon has additionally mentioned the group was “unashamedly” investing closely in its automobile dealership properties.
The AM Awards-winning retail group created a brand new flagship dealership for the Swedish model at Nice Western Means, Swindon, dealership in early 2023.
“For Volvo we’ve now carried out 4, this would be the fifth, and each one’s been multi-million,” O’Hanlon mentioned on the time. “Unashamedly, we’ve been spending some huge cash in and round property, however that’s necessary as a result of we wish environments that our prospects wish to come to and our groups wish to work in.”
The dealership group mentioned that by June 2024, each Wayland enterprise can have acquired refurbishment throughout the final 4 years.
