Vindis acquires Peterborough Audi from Wayside Group
PEM Corporate Finance supported the Vindis Group in their acquisition of Peterborough Audi from Wayside Group. The purchase adds to Vindis Group's porfolio of 19 Volkswagen Group outlests, spanning five counties and an impressive 50 years of trading.
Operations Director, Jamies Vindis, said; "We are delighted to welcome the team at Peterborough Audi to the Vindis Group. We know that change can be an uncertain time for those it concerns but I am confident that the dedication and experience of the team at Peterborough Audi, and the Vindis Group as a whole, will ensure this is an easy transition and the foundation of many successful years of trading together."
Situated north of the heart of Peterborough and easily accessible from the A15, Peterborough Audi is effortless to locate and provides a scenic and tranquil environment to complement and display Audi's sophisticated and refined fleet of vehicles.
Peterborough Audi's specialist team have served Peterborough's motor community for decades. The dealership has a well respected and established reputation within both the local community and the wider automotive industry.
Tony Stairs of PEM Corporate Finance added, "We were pleased to help Vindis with this acquisition. The commercial logic is compelling and it fits very well with their existing portfolio of Volkswagen Group outlets."
13th June 2013. Cambridge: Business Exit Strategies Seminar