Birketts’ Motor Industry Group assists Gates Ford expansion
Gates Ford, a family-owned and operated enterprise whose historical past stretches again nearly 100 years, now operates from ten websites throughout the Essex, Hertfordshire and Greater London space.
Birketts suggested on all authorized issues with Adam Jones (Corporate Partner) main the workforce. He was assisted by Alex Forwood (Corporate Solicitor), Clare Barlow (Employment Legal Director) and members of the Commercial Property Team, Matthew Grindley (Senior Associate), Duncan Williamson (Legal Director), Daniel Browne (Solicitor) and Hannah Harbottle (Solicitor).
Chairman of Gates Ford, Heath Greenall stated: “We are delighted to have completed the acquisition of these dealerships, which are an important part of our ongoing growth strategy. We were aware of Birketts’ Motor Industry Group’s growing reputation in the marketplace, and wanted to work with a team of lawyers that understand the nuances of our sector and are experienced in all aspects of the law relating to the motor industry sector, which Birketts proved themselves to be.”
He continued: “As a fifth generation family-owned and operated business it is also important for our advisers to fully grasp our strategy and the wider importance of this transaction to what we are seeking to achieve in the business, and Adam completely gets the direction we are taking and the legacy we are building.”
Adam Jones, member of the Birketts Motor Industry Group and in addition Birketts’ Head of Family Owned Business workforce (pictured), stated: “It has been a pleasure to advise Gates Group on its expansion plans as it builds for its long-term future. The motor sector is currently going through a correction, and we are likely to see the market contract a little further in the first half of 2018, but the board of Gates Group see the clear opportunities to be gained from continued M&A activity, particularly as we expect the used car market to continue to perform well.”
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