Greenhous buys Adams Morey van and truck business

Greenhous Group has acquired Southampton-headquartered Adams Morey for an undisclosed sum.

The Adams Morey business features Fiat vans and Daf Truck sales and also a strong Ford van servicing operation.

Greenhous is rated 14 in the Motor Trader Top 200 with annual turnover of £1.05bn.

Adams Morey is an established group of commercial vehicle dealerships offering used and new vehicles across the South of England.

Midlands-based Steve Hubbard and Umito Choji from RSM’s corporate finance team supported the Greenhous Group management team on the transaction.

Hubbert said: ‘The deal brings together two complementary businesses which will enhance the reach and scale of Greenhous.

“We’re delighted to have supported a long-standing client to achieve the next phase of growth as the business looks ahead to the future.”

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