Marshall Motor Group ready to acquire as UK market prepares for further consolidation

Marshall Motor Group has made it clear that it is ready to acquire businesses as Covid-19 is likely to accelerate consolidation in the UK automotive retail market.

Daksh Gupta, Marshall’s chief executive, said the impact of Covid-19 will accelerate the rationalisation and consolidation of the UK dealer networks, but the group is “well placed to capitalise on value accretive growth opportunities”.

He made the announcement as part of the company’s interim results announcement for the six months ended June 20, 2020.

Marshall Motor Holdings Plc (LON:MMH), together with its subsidiaries, engages in retailing passenger cars and commercial vehicles in the United Kingdom. It sells new and used vehicles; and provides after sales services, such as servicing, body shop repairs, and parts sales.

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