Hedin Automotive Netherlands, a part of Hedin Mobility Group, has reached an settlement to amass BMW and MINI supplier Dubbelsteyn.
The monetary phrases of the transaction weren’t disclosed.
With the deal, Hedin Mobility’s dealership community will increase from 5 to seven branches within the Netherlands.
The acquisition contains all dealership actions akin to gross sales, after-sales providers, and spare elements gross sales.
Hedin Automobiles BV is conducting the acquisition, which incorporates Dubbelsteyn’s two dealerships positioned in Dordrecht and Numansdorp.
This transfer will see roughly 100 workers proceed their roles inside Hedin Automotive, sustaining their present administration construction.
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With the completion of this acquisition, Hedin Mobility Group will now signify the BMW and MINI manufacturers throughout 62 areas in 5 nations.
The 2 dealerships in Dordrecht and Numansdorp serve a number of areas together with Dordrecht, Hoeksche Waard, Goeree Overflakkee, Barendrecht, and their surrounding areas.
Within the 12 months 2023, Dubbelsteyn reported revenues exceeding €140m and gross sales of greater than 3,000 automobiles.
The addition of those two branches additionally bolsters Hedin Automotive’s presence within the Zuid-Holland province.
Hedin Automotive Benelux CEO Eddy Haesendonck mentioned: “We’re very happy to have the ability to add Dubbelsteyn and all workers to our group. Along with our current BMW and MINI presence within the south of the Netherlands, we considerably increase our market place for BMW and MINI within the area. On behalf of all colleagues at Hedin Automotive, I wish to prolong a heat welcome to the Dubbelsteyn workforce.”
The deal, which is topic to regulatory approvals, follows the corporate’s earlier enlargement in August 2023, when it acquired the UK-based Stephen James Group, one other authorised retailer of BMW and MINI autos.
