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DLA Piper advises Sytner Group on the acquisition of The Car People

20 Jan 2018

DLA Piper has advised the UK’s largest franchised dealer group, Sytner. on its acquisition of The Car People, nearly doubling the size of their Used Vehicle Supermarket Division. This is Sytner’s second car supermarket takeover in the last 12 months, having acquired CarShop earlier last year, a transaction in which DLA Piper also advised on.

The Car People operates from four locations in Wakefield, Sheffield, Manchester and Warrington, and sells about 18,000 vehicles a year.

DLA Piper Corporate partner, John Gallon, who led the team advising on the transaction, said: "We continue to see companies diversify in the automotive sector and this latest strategic move by Sytner Group is typical of what we are seeing across the sector. Sytner Group is a very important client of the Firm and we are happy to have assisted in this latest step in the company's expansion."

The DLA Piper team was led by Corporate partner John Gallon and Real Estate partner Andrew Clarke, assisted by senior associate Simon Wright and associates Veronica Eagleton, Varun Devesher and Dean Peachey.

Matter Type
M&A: Acquiror's Counsel
Industry
Retail/Consumer
News Category
M&A