Corporate Finance Deal Announcement: Vauxhall dealership Lange (West End) Ltd

29th Aug 2014

We are delighted to announce the completion of the sale of London-based Vauxhall dealership Lange (West End) Ltd to Now Motor Retailing.  The transaction expands Now’s representation with Vauxhall to six sites.

Our corporate finance team, led by Laurence Whitehead and Craig Chamberlain, advised the vendors on the sale.  Further support was also provided by our tax team, led by Rachel Salter. We assisted the vendors in the negotiation and the structure of the deal and our team’s track record and experience was paramount in being able to assist the vendors in securing a good deal in a difficult market.  We are delighted with the outcome for all parties involved.

About Lange (West End) and Now Motor retailing

Lange (West End) Ltd is a motor dealership for Vauxhall and Saab motor vehicles, based at Staples Corner in London.  The site is on London’s busy North Circular and is a newly built brand centre. It sells new and used motor vehicles and provides after-sales services such as vehicles repair and servicing.  The state of the art premises are one of the most innovative and up to date facilities in the country and incorporate a two storey showroom holding 18 new cars, displaying both ranges, and a newly modernized 18 bay workshop with all the latest diagnostic and servicing equipment.  There is also a display area for 120 used vehicles.

Now formed in 2006 as a joint venture with Vauxhall to acquire the assets of the Lance Owen Group.  The group employs around 160 staff and has a turnover of £32m. In addition to the recently acquired Staples Corner site, Now also operates sites in Addlestone, Heathrow, Kingston, Richmond, and West Byfleet.

Contact us

If you would like to know more about this deal or how we can assist you, your clients or your contacts who may be looking to sell, send us an online enquiry to arrange an initial no-obligation meeting.

What they say about us

The team at MHA MacIntyre Hudson have taken away the burden of the day to day bookkeeping, payroll and CIS work off me. This has enabled me to spend more time working on my business, finding new work, new ideas and ways to be more profitable. Thanks to the help I’ve received, I can see a bright future for me and my company. Luke Day - Complete Wiring Solutions

What they say about us

SilverLining UK very highly recommends MHA MacIntyre Hudson for all your company’s financial accounting needs.Our corporation has worked with MHA MacIntyre Hudson for the last 4 years. They are truly the best at what they do.They continually provide timely and excellent service and go ‘above and beyond' for their client. Their knowledge, communication skills and professional qualifications are of the highest quality and standards. SilverLining UK - Construction Sector