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Reagroup, the Renault-owned dealer network, has acquired Lewis Reed in Birkenhead for an undisclosed sum.
The business has already been re-launched as Renault Wirral following 20 years in private ownership.
The acquisition is part of our ongoing multi-million pound development and construction programme for 2007
“The acquisition is part of our ongoing multi-million pound development and construction programme for 2007, which includes recently completed dealerships in Bolton and Cannock, as well as the major refurbishment of our existing sites in both Liverpool and Wolverhampton,” said Ian Plummer, Reagroup’s managing director.
“This is only the latest phase of our overall strategy to strengthen our position in the UK market and it fits perfectly with our aim to fully develop our sales and aftersales representation in the north west of England,” he said.
The group, number 12 in the Motor Trader Top 200, said the Wirral site will be substantially modernised to incorporate an all-makes Minute fast-fit service centre.
Last week the company officially opened its Renault Cannock site – its sixth in the Midlands. The £2m site, which also has a Minute centre, has created more than 20 new jobs.
Plummer also confirmed the company’s intention to develop a number of new sites that will specialise in used cars under its Autoworld branding.