Motor Trader ‘Dealer Group of the Year’, the Ridgeway Group, is once again on the acquisition trail by purchasing the Jaguar site located on Cumnor Hill, Cumnor, Oxford from Sytner Group Limited for an undisclosed sum (effective 29 June 2013). This purchase quickly follows the acquisition of the Land Rover site in Oxford at the end of May and increases their annual turnover to c.£550 million.
John O’Hanlon, Ridgeway Group’s CEO, commenting on the Jaguar acquisition said “We are very excited and proud to represent the Jaguar brand in Oxfordshire – a territory we know well.“
He added “The Jaguar brand is on the real up – a new product offensive, ‘Number 1 Car Manufacturer’ in the What Car? J.D. Power Survey 2013 and the launches of F-TYPE, XJR and a new powertrain in the XF highlight the desire of Jaguar to meet the needs of a diverse car buying audience. The addition of Jaguar to our brand portfolio, further strengthens the Ridgeway Group’s recent relationship with Jaguar Land Rover and serve as a platform for future growth.”
The site (formerly known as Guy Salmon Jaguar) will be rebranded as Ridgeway Jaguar. All staff will transfer to Ridgeway – increasing the company’s workforce close to 1,200 employees.
About the Ridgeway Group
Based across the middle and South of England, the Ridgeway Group’s story has been one of continual growth and expansion and is now ranked as a Top 20 largest Motor Retail Group in the UK and listed as 91st on the latest Sunday Times HSBC Top Track 250 league table of Britain’s leading mid-market private companies. The Ridgeway Group is a leading new and used passenger car dealer for Audi, BMW, Mercedes-Benz, Volkswagen, Land Rover, Range Rover, MINI, Škoda and smart and was winner of the Motor Trader ‘Dealer Group of the Year Award’ in 2012.
Ridgeway also provides new and used vans and trucks from (Pentagon) Mercedes-Benz Commercial Vehicles, Volkswagen Commercial Vehicles and Fuso Canter. In addition, they have four Used Car Centres plus an extensive range of manufacturer-approved after sales services including MOT, servicing, genuine parts, accessories, warranty, insurance and three accident repair body shops.
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All information correct at time of publishing.