Vertu acquires third online business


Vertu acquires third online business

Vehicle retailing group Vertu which operates around 160 sales and after-sales outlets across the UK has added to its stable of eCommerce brands with the acquisition of an online wiper blade specialist Wiper Blades Ltd (WPL). WPL which was formed in 2005 achieved revenue of £2.2m for the year ended August 31st, 2021. Vertu is paying £3.5m in cash for WPL, which will complement its recent acquisition of online auto-parts business powerbulbs.com and its main eCommerce investment Aceparts which it bought in 2015.

Other Vertu brands include Bristol Street Motors, Macklin Motors and Vertu Motors.

Share

Twitter Facebook LinkedIn WhatsApp

Related News


Clipper partners with Segura

Nisbets acquires Beaumont

Sign up to receive our newsletter