Pinsent Masons advises the Co-operative Group on strategic disposal programme

13 Jun 2013 | 09:12 am |

International law firm Pinsent Masons has advised The Co-operative Group on the strategic disposal programme relating to its motor dealership business. The Co-operative owned 12 motor dealerships which it has disposed of over the last 12 months via 7 separate transactions. The final transaction was the £31m sale of Albert Farnell Ltd, which comprised three Land Rover dealerships and a premium used car operation, to Vertu Motors plc.

The Co-operative has for a number of years owned a variety of successful motor dealerships including Nissan, Peugeot, Chrysler, Jeep, Fiat, Suzuki, Renault and Land Rover franchises.  Farnell Land Rover is one of the best performing Land Rover franchises in the UK.

The Pinsent Masons team was led by partner Gregg Davison supported by senior associate Andy Phillips, associate Amie Norris and Property associate Matt Rowlands.

Commenting on the transaction Gregg Davison said, "We are delighted to have assisted the Co-operative Group on this strategic disposal programme.  The team has worked hard to develop a consistent and efficient approach to the disposal programme allowing the Co-operative to achieve its objective."

 

Latest press releases

Show me all press releases

Advising BP on first investment in AI in China

International law firm Pinsent Masons has advised global energy company BP on its investment in energy management tech specialist R&B

Pinsent Masons bolsters its Competition, EU & Trade Group with appointment of Hans Jürgen Meyer-Lindemann in Düsseldorf

Pinsent Masons continues to expand its Competition, EU & Trade Group, with the appointment of competition law specialist, Prof. Dr. Hans Jürgen Meyer-Lindemann, as a partner in the Düsseldorf office.

Pinsent Masons advises HZI on its first Energy from Waste Plant in Australia

International law firm Pinsent Masons has advised HZI on the development of the A$511 million East Rockingham Resource Recovery Facility in Western Australia

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises Redington on deal from Phoenix

International law firm, Pinsent Masons, has successfully advised the founders and management of Redington, the independent institutional investment consultant, on an investment deal from Phoenix Equity Partners, a leading UK mid-market private equity firm.

Pinsent Masons advises Zurich on the sale of its UK Retail Wealth business

International law firm Pinsent Masons has advised Zurich, the global insurance provider, on the sale of its UK Retail Wealth business to Embark Group.

Pinsent Masons advises SR Smith on its acquisition of Sunbather

International law firm Pinsent Masons has advised S.R. Smith on the acquisition of Sunbather.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts