New documents show Marshall Motor Holdings has acquired an additional Motorline dealership for more than £12m.
The business, which received a £325m cash offer from Constellation Automotive Group earlier this month, bought Tunbridge Wells Audi for £12.1m in November, it’s been revealed.
In a new document submitted to shareholders yesterday (Dec 21) in response to Constellation’s offer, Marshall Motor Holdings (MMH) revealed further details of its £64.5m acquisition of Motorline in October.
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.