Walker Morris has advised Meridian Motor Group on its acquisition of four West Midlands dealerships from the Synter Motor Group.
The Yorkshire-based group, which trades as Vantage Motor Group, will see its turnover double to £125m as a result of the acquisition. Meridian has also announced it will be developing a new site in Scarborough.
The expansion into the West Midlands brings the Lexus brand into the group for the first time, with the acquisition of a dealership at Fort Dunlop near Birmingham, as well as Toyota centres at Fort Dunlop, Solihull and Tamworth.
Ian Gilbert and Thomas Mieszkowski, both in the corporate team at Walker Morris, advised Meridian with assistance from Judith Pike and Charlotte Harris in real estate, and Andrew Rayment and Stephen De’Giovanni in employment and pensions.