Acquisition of Peterborough Audi
Our team advised on all aspects of this acquisition, including carrying out full financial due diligence on the target, tax advice on the structuring of the acquisition and advising on financial aspects of the legal agreement.
Company background
Situated north of the heart of Peterborough and easily accessible from the A15, Peterborough Audi is effortless to locate and provides a scenic and tranquil environment to complement and display Audi’s sophisticated and refined fleet of vehicles.
Peterborough Audi’s specialist team have served Peterborough’s motor community for decades. The dealership has a well respected and established reputation within both the local community and the wider automotive industry.
What was special
The purchase adds to Vindis Group’s porfolio of 19 Volkswagen Group outlests, spanning five counties and an impressive 50 years of trading. The commercial logic of the acquisition was compelling and it fitted well with Vindis’ existing portfolio of Volkswagen Group outlets.
Please note that this content is not intended to give specific technical advice. It is designed to highlight some of the key changes rather than provide an exhaustive explanation of the topics. Professional advice should always be sought before action is either taken or refrained from as a result of information contained herein.