D. M. Keith aquire Colin Appleyard Motor Group
D. M. Keith acquire Colin Appleyard Motor Group
Colin Appleyard Motor Group was acquired by D. M. Keith Motor Group on 14th February 2024
Colin Appleyard Limited, one of the longest established Suzuki & Subaru dealer groups in the UK has today been acquired by Leeds headquartered D. M. Keith Motor Group.
Colin Appleyard Limited which represents Suzuki in Bradford, Keighley, Ashton-Under-Lyne and Huddersfield, alongside Subaru in Keighley and Huddersfield, was initially founded by the late Colin Appleyard in 1971 and run by his son Robin Appleyard since 2010. Regarded as one of the leading Suzuki groups in the UK, the acquisition sees D. M. Keith’s first venture with Suzuki, giving it a scaled footprint from day 1 with the brand.
D. M. Keith which has expanded substantially over the last decade, most recently acquiring Ringways Ford and Kia in Leeds back in 2021, now operating 19 businesses across sites in Yorkshire, Lincolnshire and Greater Manchester. This acquisition sees the group grow to an anticipated 2024 turnover to be in excess of £300m.
Colin Appleyard Motor Group is a great strategic fit for D. M. Keith: both businesses are culturally aligned, incorporate family values and place a strong emphasis on delivering exceptional customer service with a personal touch.
The two businesses have both been established for over 50 years, each earning an excellent reputation within the motor industry.
Dougal Keith, Managing Director of D. M. Keith On 14th February, all Colin Appleyard employees and assets were transferred to D. M. Keith Ltd, increasing the total number of D. M. Keith employees by 125.
The combined annual turnover instantly moves D. M. Keith from the 67th spot into nearing the top 50 groups in the AM100 – an incredible achievement and lifelong ambition for Managing Director, Dougal Keith and his brother Angus Keith.
The deal was brokered by David Kendrick & Ian McMahon of UHY Manchester, funded by Natwest Bank and the legal advice by Gordons LLP, Leeds.
The future looks bright for the growing D. M. Keith Group, a family-owned business for over 60 years.