5th Apr 2016 06:59
LONDON (Alliance News) - Car dealer Marshall Motor Holdings PLC on Tuesday said it sold two Toyota dealerships and a Nissan dealership for a total of about GBP3.1 million.
Marshall said it sold the Toyota dealerships, in Peterborough and Kings Lynn, for GBP2.0 million in cash to Steven Eagall Ltd, a Toyota dealer.
In addition, the company sold its Nissan dealership in Bury St Edmunds for GBP1.1 million in cash to AW&D Hammond Ltd.
Marshall expects to take a small, one-off loss on the sales.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
MMH.L