Allen Ford on acquisition look-out

  27 January 2019

The South African owned Allen Ford retail group has said it is well placed for more acquisitions after a year in which it saw big growth from buying two smaller retailers.

The business is one of the UK’s biggest privately owned auto retail groups and is part of South African investment vehicle, Supergroup, which in 2017 added the Essex Auto Group and the Bestodeck Limited Group (Slough Motor Company and Swale Motors).

Its accounts for the year ended June 2018 showed a pre-tax profit boost of 18% and full year profits up to £9.5 million from £7.6m. Reporting a 54% rise in revenue from £396m to £610m which the directors said was ‘largely due’ to the takeovers, they added: “(We) are confident that the business is well positioned to take advantage of any expansion opportunities, either through organic growth or by way of acquisition and we look forward to future increases.”


Start your free 14 day trial

Get free access to our Bulletin, Agenda & Profit for 14 days.

After 14 days we will auto bill your credit or debit card unless the order is cancelled.

As an auto retail executive you need insightful and unique industry intelligence to boost your business potential. Here’s a taste of what Auto Retail Network has to offer:

  • Get informed and boost your business potential
  • More than 1,200 fellow executives have joined us
    since launch
  • Independent, carefully crafted, unique content relevant to you and your business
  • Develop a greater awareness of market trends and opportunities
  • Access to a wide range of materials whenever, wherever and however you want it
  • Significant discounts on ARN events, reports and
    other publications