Hendy Group acquires Westover Group to create £1bn business

IndustryManufacturing & Retail & Consumer
Sub-industryConsumer & Retail

Hendy Group has become one of the UK’s largest dealership networks after buying Westover Group, operating from 83 outlets with 26 franchises. The deal, sees Hendy, which has its headquarters in Chandler’s Ford, become a £1bn turnover company with 2,000 employees and operations from Exeter to Eastbourne.

“We are delighted to have completed the acquisition of the Westover Group, to become one of the UK’s largest dealership networks and take Hendy to £1bn turnover.   The Southampton BDO M&A team worked with us throughout the transaction and provided excellent support across the process.  Their understanding of what was required to keep driving the deal forward, combined with their expertise and responsiveness in co-ordinating workstreams allowed us to maintain momentum and deliver a really successful outcome.  We fully appreciated their proactive approach and commitment.  It was great to work with them again on this transaction and we look forward to working with BDO on future growth opportunities.”

Paul Hendy, Chief Executive, Hendy Group