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

Pinsent Masons enters German alternative legal services market with Xenion acquisition

Multinational law firm Pinsent Masons has announced two acquisitions that will enable it to launch its flexible legal resourcing brand, Vario, into Germany.

Pinsent Masons advises CANCOM SE on its capital increase

International law firm Pinsent Masons has advised CANCOM SE on its share capital increase, valued at €174.2 million.

Pinsent Masons appoints new Head of Tax Fraud Investigations

International law firm Pinsent Masons has further enhanced its commercial litigation, regulatory and tax litigation practice with the appointment of Andrew Sackey as a contentious tax partner in its London office. Andrew will work with clients across each of the firm's five key global sectors – Energy, Infrastructure, Financial Services, Real Estate and Advanced Manufacturing & Technology.

People who viewed this press release also viewed

Show me all press releases

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.

Pinsent Masons appoints new partner to enhance property and real estate expertise in France

Pinsent Masons has hired real estate expert Denis Charles, as partner in its Paris office.

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