Hertfordshire-dependent Brayleys Cars has acquired Orpington Honda from Lookers for an undisclosed sum.
The acquisition provides the team coverage for the Japanese maker around the M25 and positions it as Honda’s premier personal franchisee in the United kingdom with eight showrooms and 10 aftersales shops.
The Orpington outlet joins Brayley Honda’s community of dealerships in Enfield, St Albans, Hemel Hempstead, Ruislip, Thames Ditton, Ewell, Leatherhead and Romford plus a stand-by itself aftersales facility in Grays, Essex.
In addition to Honda, Brayleys signifies Kia, Mazda, Renault and Dacia at 15 sales points during the Property Counties, Better London and Thames Valley.
Brayleys Vehicles is rated 90 in the Motor Trader Best 200 Seller Groups with yearly turnover of £134.1m.
MD Paul Brayley (pictured) established Brayley Honda in 2003 and continues to run the business. He offered a majority shareholding in the enterprise in 2018 to the Dubai-dependent conglomerate, AW Rostamani Group.
Brayley, said: “Despite continuing headwinds from the global semi-conductor shortage and the pandemic, Brayleys shipped an extraordinary economic performance in 2021, which has provided us the self-assurance to enter 2022 with an optimistic outlook.
“The addition of Orpington Honda into the Brayleys loved ones presents the team entire protection of the M25 for Honda with whom we have been very pleased to spouse for practically 20 a long time.
“All of our franchise manufacturers are perfectly positioned with the roll-out of EV models, so we anticipate yet another fast paced calendar year in our showrooms and also online sales, which we fully built-in final yr.”
Khalid Al Rostamani, chairman and CEO of AW Rostamani Team reported: “The further more expansion of Brayleys is testament to the exceptional stewardship of the team by Paul Brayley and his focused crew, throughout exceedingly challenging problems in the Uk automobile sector.”