Cambria Automobiles acquires T H White Land Rover in £7.5 million deal
Swindon-based motor group Cambria Automobiles has acquired T H White Land Rover in a deal worth £7.56 million.
The acquisition of the trade and assets of the Land Rover franchise in Royal Wootton Basset from TH White Limited is Cambria’s second Land Rover franchise, and the Group now operates a total of 29 dealerships representing 46 franchises and 18 brands across the UK.
The group said it intends to relocate the Land Rover operation to a redeveloped site alongside its existing Jaguar dealership in Swindon. The new combined facility will be developed over the next two years.
Mark Lavery, chief executive of Cambria, said: “The acquisition of the Land Rover dealership in Swindon aligns perfectly with our stated strategy to develop our portfolio of premium and high luxury franchises. The Swindon territory is well known to us with the Cambria Group established in the town following its first acquisition in 2006.”
“The Land Rover franchise continues to perform well, and we are pleased to be able to develop our Jaguar Land Rover relationship further with this exciting acquisition. TH White Land Rover was a family business, and we are looking forward to the opportunity to further enhance its performance under Cambria ownership.”