Retail and aftersales service group Lookers has acquired Lomond
Motors Limited, comprising four Audi dealerships in Glasgow,
Edinburgh, Stirling and Ayr and distributing VW Group trade parts
in Glasgow and Edinburgh.
Lookers purchased Lomond from its owner Hugh McMahon for £15m,
strengthening its presence in Scotland, where it operates as
Taggarts Motor Group in Glasgow and Motherwell and represents the
Land Rover, Jaguar, Volvo, Nissan, Peugeot and Hyundai brands.
Go deeper with GlobalData
Lookers chief executive Peter Jones said: “The acquisition is an
important development in the group’s representation of the Audi
brand and our relationship with the VW Group and we are very
pleased to be representing the brands in such key locations. Lomond
is a business for which we have tremendous respect and we are
looking forward to welcoming its great team of people.”
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
