Sytner acquires The Car People
Car supermarket – The Car People has been acquired by the Sytner Group, one of the UK’s leading dealer groups.
The acquisition of The Car People enables Sytner to accelerate the expansion of its used car supermarket division and to further diversify its business into this growing sector of the market. The investment reinforces its commitment to significantly grow used car revenues.
Jonathan Allbones, operations director at The Car People, said, ‘The team at The Car People are incredibly excited about the recent acquisition by Sytner. We want to reassure customers that Sytner has bought the business because of our values and the quality of our service, and neither the team at The Car People or our colleagues within Sytner want to see that change.’
Sytner Group CEO, Darren Edwards, said, ‘The acquisition of The Car People enables Sytner to accelerate the expansion of our Used Car Supermarket Division and to further diversify our business into this growing sector of the market. We are looking forward to working with the team at The Car People and helping them to develop the team as well as looking to expand the number of sites.’
Established in 2000, The Car People operates from four supermarkets in Wakefield, Sheffield, Manchester and Warrington, selling 18,000 vehicles a year.
The news follows Sytner’s acquisition of The Car Shop in January 2017.