Sytner Group - History

History

The group was formed by Frank Sytner and his brother Alan, the owner of the famous Liverpool-based Cavern Club. The brothers founded their first retail franchise in Nottingham in 1968, selling BMWs.

After Frank finished his racing career, winning the 1988 British Touring Car Championship title, the group began a rapid period of expansion by acquisition of BMW franchises in Leicester and Sheffield. From 1995, other marquees were added with the acquisition of Mercedes-Benz, Ferrari and Audi franchises in Bristol, Loughborough and Leeds. In 1996 the group opened Land Rover, Jeep and Porsche dealerships in Stockport and Reading. The group floated on the London Stock Exchange in 1997, changing its name to Sytner Group PLC.

In 1998 the group acquired the family-run Thames Ditton-based Land Rover and Jaguar Cars business of Guy Salmon, which then became the name of all Sytner-owned Land Rover and Jaguar franchises. The acquisition of the Ixion Motor Group in August 1999 doubled the number of locations, and brought in the Volvo, Saab and Lexus brands to the group. The 2001 acquisition of the Ron Stratton Group brought the Bentley brand into the group with a Manchester franchise. The group also developed its first Toyota franchises in the Birmingham area.

Read more about this topic:  Sytner Group

Famous quotes containing the word history:

    All history is a record of the power of minorities, and of minorities of one.
    Ralph Waldo Emerson (1803–1882)

    A poet’s object is not to tell what actually happened but what could or would happen either probably or inevitably.... For this reason poetry is something more scientific and serious than history, because poetry tends to give general truths while history gives particular facts.
    Aristotle (384–323 B.C.)

    ... in a history of spiritual rupture, a social compact built on fantasy and collective secrets, poetry becomes more necessary than ever: it keeps the underground aquifers flowing; it is the liquid voice that can wear through stone.
    Adrienne Rich (b. 1929)