Endeavour Automotive has added two new Hyundai businesses to its network with the acquisition of Turners in Suffolk.
John Caney, Endeavour Automotive, took to LinkedIn to announce the news. He said: “Delighted to announce this morning the acquisition of two Hyundai businesses and body shop from Turners of East Anglia, expanding the group’s footprint into Suffolk. The deal taking the total number of Endeavour locations to twenty two as we celebrate our tenth year since inception.
“This is a very important move for the group expanding our reach beyond our existing territory into Suffolk, creating a continuous territory from our Colchester Hyundai business. The Turners business is a fantastic opportunity with a great territory and we very much look forward to welcoming the Turners colleagues into the wider Endeavour group and building on the huge success already achieved at a very exciting time for all.
“This acquisition further cements our very strong relationship with Hyundai UK and takes the groups representation with the brand to seven locations.”
Glen Turner of Turners added: “This represents a strategic development for both Endeavour and Turners to develop and enhance their respective business ambitions. We wish them all the best for the future.”
The deal was managed by David Kendrick and his automotive team at UHY Hacker Young who represented the sellers. David said: “The Turners are one of the longest established families in the automotive sector and this sale now sees them retire as Endeavour continues to grow and consolidate buying up smaller operators. It makes perfect sense for John to make this acquisition as it expands their footprint with Hyundai further into East Anglia. I don’t think this will be the last of the deals this year as we head into Q4,plenty of activity out there.”