In this edition we share details of some of our four recent deal completions and we outline the importance of an ESG strategy when raising funding.
The franchised car retailer has broadened its UK footprint, further to its acquisition of Brayleys several years ago. This follows Nissan’s decision to divest of its 13-site AM100 car retail operation in July 2022. Other sites were acquired by Glyn Hopkin Group and Hendy Group.
Established in 1968, its automotive business, Arabian Automobiles has been the exclusive distributor in Dubai and the northern Emirates for
Nissan and its alliance partners, Infiniti and Renault. AW Rostmani now owns the midlands and northern sites, including Birmingham, Coventry, Stourbridge, Wolverhampton, Altrincham, Manchester, Oldham,
The MHA team, led by transaction services parner, Rob Dando,
supported by tax partner, Nathan Sutcliffe, head of automotive, Steve
Freeman and VAT Director, Glyn Edwards, delivered both financial and tax due diligence services to help facilitate the transaction.
More can be read here.