F&I Management & Training

Cambria Automobiles has acquired the Summit Auto Group in a multi-million pound deal.
The acquisitive Cambria, which was launched by private equity firm Promethean Investments in 2006, has bought 15 sites for an undisclosed sum.

The deal will see Cambria's annual turnover swell from £40m to around £250m and places the business among the top 30 car dealer groups in the country.

DATED: 07.01.08

FEED: MT