RCapital supports City Motor bolt-on

Following the deal, the site will be renamed City Peugeot, and will join the group's portfolio of 11 dealerships across Basingstoke, Newbury and Reading.

RCapital acquired City Motor in January 2013.

Company
City Peugeot is based in Newbury and sells Peugeot cars.

City Motor now employs 310 staff across 12 dealerships, which sell Ford, Peugeot, Citroen, Honda, Seat and Skoda cars. The combined group sells more than 12,000 vehicles each year generating turnover of £130m.

People
Steve Hemlock is managing director of City Motor.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Portfolio management
• UK / Ireland
• RCapital
• United Kingdom