Vertu Motors’ acquisition of Burrows Motor Company Ltd (Burrows), announced on 29 October, builds exposure to several target brands and increases its presence in an attractive geography. Burrows is a well-established business and is expected to be earnings enhancing in its first full year of ownership. It is encouraging to see Vertu continue its acquisition growth path. Visibility on growth, cash generation and returns is improving.
Vertu Motors: Progressive
Nov 7, 2024Disclaimer & Declaration of Interest
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