Lawyers at Napthens have advised the shareholders of the Hillendale Group on its sale to Vertu Motors plc, the sixth largest automotive retailer in the UK.
Hillendale, owned by managing director Lee Collins, is one of the country’s top performing Land Rover dealerships. It employs over 70 people and operates a Land Rover dealership and Jaguar repair centre in Nelson and a Jaguar dealership and repair centre in Bolton
Founded in 2006, Vertu Motors is listed on the Alternative Investment Market of the London Stock Exchange and operates a nationwide chain of franchised motor dealerships.
Corporate Partner Keith Melling led the team who advised the shareholders . He was assisted by Claire Hynes, Richard Robinson, Dan Boulton and Charlotte Nuttall.
Keith said: “Having acted for Lee and his team on the original management buy out of the Hillendale Group, I’m delighted to have worked with him on realising the fruits of his efforts over the last 17 years. Lee has worked tremendously hard to make the business such a success – it is consistently recognised for its levels of customer satisfaction for both Land Rover and Jaguar marques at a national level.”
Lee Collins commented: “I’ve worked with the Napthens team for a number of years and once again I’ve been very impressed with the help, advice and service they’ve provided – the team have made every effort to help me complete the sale by adopting a commercial and effective approach within tight timescales.”