Snows adds Vauxhall franchise with Picador acquisition

Snows has obtained Picador Team based in the south of England for an undisclosed sum.

Picador has two Vauxhall dealerships and also holds the service and maintenance franchise for Renault and Dacia.

Close to 90 Picador employees from across two Hampshire spots in Sholing (Southampton) and Chandler’s Ford, in the vicinity of Eastleigh, will be part of Snows.

Picador turned in pre-tax income of £1.5m on turnover of £41.2m in the calendar year to March 2022. Thanks to source difficulties its Vauxhall retail gross sales fell to 313 in contrast to 376 past time.

But its utilised auto profits soared to 2,071 from 1,560 last time. And aftersales revenues had been also up at £5.2m when compared to £4.6m in 2021.

Neil McCue, main working officer for Snows, mentioned: “We are quite psyched to take on this fantastic enterprise and warmly welcome Picador staff members to Snows. It’s not challenging to see why Picador is a great addition to the Snows loved ones.

“Like Snows, Picador was set up 60 years ago with a well-respected identify in the area and faithful prospects, who we hope will pick to enjoy the same superb benchmarks and support from us.

“This enjoyable acquisition allows us to present new and used Vauxhall cars and vans and employed car income, furthermore repairs and servicing for both of those the Renault and Dacia brands.

Prior to the acquisition of Picador, Snows represented 17 models throughout 48 dealerships, with a few accredited service centres, 12 multi-franchise applied auto centres and a stand-on your own Accident Maintenance Centre, employing a overall of 993 personnel.

Picador’s buying and selling title will improve to Snows on 1st September. Pictured (l to r) are Graham Jacobs, Picador CEO, and Neil McCue, chief operating officer for Snows.