Sweden-based Anders Hedin has stated he’ll search enlargement within the UK since gaining his first companies right here with the Mercedes-Benz model.

In Hedin Group’s first quarter outcomes name he stated he views his London companies, purchased from Mercedes-Benz Retail Group, as “a foothold” from which Hedin will construct up its scale in a market which is the second largest in Europe.

Hedin stated: ‘In early April, we accomplished the acquisition of 4 Mercedes-Benz dealerships in London and welcomed round 360 new co-workers to the Hedin household. 

‘We sit up for working and growing the London companies and with our first personal retail presence within the UK, we now have established a foothold for additional development in Europe’s second largest automotive market.’

Hedin presently operates 270 dealerships throughout 13 nations, representing 44 manufacturers, and it employs 8,000 employees.

Final 12 months it aborted a takeover bid for Pendragon, which was previously run by one in all Hedin’s advisors, Trevor Finn.

On the addition of the London companies, Hedin stated: “As we develop additional with Mercedes-Benz and set up our first personal retail operation within the UK, I wish to want our new colleagues in South London a heat welcome to the Hedin household.

“Mercedes-Benz is without doubt one of the main luxurious manufacturers within the rising UK automotive market and we’re trying ahead to working and growing the acquired companies to proceed ship wonderful merchandise and repair to their prospects.”

Hedin sells Mercedes-Benz passenger vehicles, gentle industrial automobiles and vehicles in seven European markets from greater than 60 Mercedes-Benz gross sales factors.